CertsTopics Logo

Labour Day Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

Online Series-7 Questions Video

Page: 13 / 15
Total 400 questions
Get Series-7 Full Access Download Series-7 PDF

General Securities Representative Qualification Examination (GS) Questions and Answers

Question 49

Which are the primary considerations in evaluating the worth of a limited partnership?

Options:

A.

the size of the tax deductions

B.

the cost of assets

C.

the adequacy of funding

D.

both B and C

Question 50

The initial Federal Reserve Bank margin requirement is set at 60% and Bubba purchases 100 shares of XYZ at $100 per share. He deposits $6,000 of the $10,000 purchase price in his account.

If XYZ increases in value to $150 per share, how much excess equity would Bubba have in his account?

Options:

A.

$1,000

B.

$1,500

C.

$2,000

D.

$3,000

Question 51

Which of the following registered investment companies normally sells with an appropriate commission added to the contract price?

Options:

A.

an open-end investment company

B.

a unit investment trust

C.

a face-amount certificate company

D.

a closed-end investment company

Question 52

Which of the following does not appear in a municipal syndicate letter to underwriters?

Options:

A.

the specific bid and offering terms of the issue

B.

the amount of each member’s participation

C.

the extent of the manager’s authority in directing the offering

D.

the duration of the syndicate account

Page: 13 / 15
Total 400 questions
Get Series-7 Full Access Download Series-7 PDF