FINRA General Securities Representative Qualification Examination (GS) - Series-7 FREE EXAM DUMPS QUESTIONS & ANSWERS

A. a unit investment trust fund B. a balanced fund C. an income fund D. a specialized fund

A. none of the above B. if decreases C. if is unchanged D. it increases

A. acting in such a way as to impede the orderly business of the partnership B. competing in any way with the partnership C. buying or selling assets of the partnership except to foster the business of the partnership D. accepting compensation from any other partnership

A. the bid price is higher than the offer price B. they are quoted on yield-to-maturity percentages C. they mature one to three years from the date of issuance D. their payments are exempt from state income tax

A. only if the bonds are rated AAA or Aaa B. under no circumstances C. only if the bonds are insured D. only if the agreement is in writing

A. changing shareholder registrations on the fund's records B. lending the fund's securities to banks or broker/dealers C. maintaining sales records for the fund's underwriter D. disbursing dividends and capital gains to the fund's shareholders

A. the non-taxable portion of a distribution B. income received but not reported C. income reported but not received D. income from deductions and tax credits

A. $22,500 B. $13,350 C. $50,000 D. $5,080

A. $3,750 B. $3,900 C. $3,250 D. $4,500

A. $8.50 B. $4.20 C. $10.50 D. $6.00

A. dealer cost for the security B. financial condition of the client C. amount of the transaction D. profitability of the member firm

A. the exact yield investor will earn B. the yield based upon the prevailing discount rate C. that the yield may be greater than the stated percentage but never less D. that the stated yield is an estimate that may vary passed upon prepayments and market factors

A. Federal Reserve Board B. FINRA C. SEC D. Anti-Trust Division of the Justice Department

A. the amount of municipal bonds distributed weekly as a percentage of each week's new issue accounts of more than $1 million B. the amount of municipal bonds held by banks and insurance companies as a percentage of municipal bonds outstanding C. the amount of municipal bonds offered in the daily Blue List as a percentage of the day's new issue amounts of more than $1 million D. the par value amount of municipal bonds offered in the Blue List as a percentage of the 30 -day visible supply for competitive and negotiated issues

A. Nordic style B. European style C. Asian style D. American style