[Dec 26, 2022] Series-7 Exam Dumps 100% Same Q&A In Your Real Exam [Q142-Q162]

NEW QUESTION 142
Bubba Corporation owes income tax. Which of the following may be tendered at par value for payment of the tax?

NEW QUESTION 143
CMOs are sold and priced based upon which of the following:

NEW QUESTION 144
The principal underwriter of an open-end investment company is frequently called:

NEW QUESTION 145
Bubba is concerned about the liquidity of a possible municipal bond purchase. He is therefore probably most interested in the rating supplied by which of the following?

NEW QUESTION 146
The preferred stock of Greatest Technology Corporation has a $100 par and is convertible into four shares of common stock. The preferred is trading at 104.50. The preferred is callable at 101. If the common stock price is presently 27.89, which of the following actions would be a successful arbitrage:

NEW QUESTION 147
An advertisement for a CMO security by a member of FINRA should disclose which of the following?

NEW QUESTION 148
The Bubba Corporation is offering stock to the public for the first time. The registration statement lists
150,000 shares for sale at $400 per share. The company conducts business in a 100-mile radius that includes towns in two neighboring states.
Which of the following information is not required in the preliminary prospectus for this offering?

NEW QUESTION 149
An investment company incapable of issuing a long-term debt instrument is:

NEW QUESTION 150
The public offering price of the securities of an open-end management investment company is:

NEW QUESTION 151
In the sale of open-end investment company shares, the amount at which the sales charge is reduced on quantity transactions is referred to as the:

NEW QUESTION 152
Assuming all of the following bonds from the same issuer are callable now, which one would most likely get called first?

NEW QUESTION 153
Which of the following is not an intangible drilling cost?

NEW QUESTION 154
Bubba owns stock with cumulative voting rights. There are five vacancies on a board and he owns 100 shares of stock. Bubba is entitled to cast the following votes:

NEW QUESTION 155
In which of the following situations may exemption from compliance with Regulation T be granted?

NEW QUESTION 156
The practice of positioning stock in response to a customer’s order and immediately after marking it up for resale to the customer is:

NEW QUESTION 157
If a mutual fund has invested its assets by allocating about one-third each for bonds, preferred stocks, and common stocks, it is identified as:

NEW QUESTION 158
Municipal bond brokers generally conduct the following:

NEW QUESTION 159
Regulation T is set at 50%. Bubba’s account contains long positions in the following securities with the prices listed:
100 ABC $30
200 XYZ $70
200 QBB $40
200 KKK $25
Total market value = $30,000
Debit balance in the account = $12,000
Net equity balance of the account = $18,000
If Bubba wants to buy 100 shares of DUM at $30 per share, how much additional money must be deposited?

NEW QUESTION 160
Which of the information below does not appear in the official notice of sale?

NEW QUESTION 161
An “accumulation unit” of a variable annuity is used to determine which of the following?

NEW QUESTION 162
Which of the information below does not appear in the official notice of sale?