FINRA Series-7 Questions Answers

a processing fee. Many custodian banks charge the custodian fee to the mutual fund rather than the individual shareholder.

8% maturing 1-15-2016. Bonds with the highest coupon rates would be the first to most likely get called. The issuer will look to issue new debt at a lower rate. Since there are two 8% bonds, the one that would most likely get called are those with the longest maturity.

money laundering. Potential money laundering activities include excessive wiring of money between accounts.

predictions of recession in the economy. All of the other choices are technical market indicators. An economic forecast is “fundamental” market data.