Series-7 Exam Dumps - Series 7 General Securities Representative Qualification Examination (GS)

Bubba buys 100 shares of XYZ stock at $40 per share and sells a listed July XYZ call at 45 for a $2 premium.

What is his loss potential?

All sales literature and advertising relating to investment company shares prepared by members of FINRA must be filed for review with which of the following?

What is the loan value on a call option held in a customer’s margin account?

For an FINRA member firm to exercise discretionary power in any customer account requires written authorization by that customer except when:

A public offering by an investment banker in which any securities not sold are returned to the issuer is known as:

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

What is the buying power in Bubba’s account?

XYZ Corporation earned $2 per share last year and is selling at $20 per share. If it earns $3 per share this year and its price/earnings ratio stays the same, its price will be:

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