1,001 Series 7 Exam Practice Questions For Dummies

1,001 opportunities to practice for the Series 7 Exam

This comprehensive study guide takes you beyond the instruction
offered in Series 7 Exam For Dummies, by giving you more
practice and review of the major concepts covered in the exam. If
you're prepping to take this intense six-hour exam, 1,001 Series
7 Exam Practice Questions For Dummies covers stocks,
municipal and corporate bonds, and options--plus rules for
acquiring customers and handling accounts and everything else you
can expect to encounter on exam day!

This books gives you 1,001 practice opportunities to prepare for
the Series 7 Exam, each question explained by providing a detailed,
step-by-step solution.

If you're an aspiring financial professional, you'll find all
the practice and helpful guidance you need to succeed!

Auteur

Steven M. Rice is a partner in Empire Stockbroker
Training Institute, one of the country's leading schools for
training to the security industry. He is also an instructor at
Empire and is the author of Series 7 Exam For Dummies.

Résumé
1,001 opportunities to practice for the Series 7 Exam This comprehensive study guide takes you beyond the instruction offered in Series 7 Exam For Dummies, by giving you more practice and review of the major concepts covered in the exam. If you're prepping to take this intense six-hour exam, 1,001 Series 7 Exam Practice Questions For Dummies covers stocks, municipal and corporate bonds, and optionsplus rules for acquiring customers and handling accounts and everything else you can expect to encounter on exam day!

This books gives you 1,001 practice opportunities to prepare for the Series 7 Exam, each question explained by providing a detailed, step-by-step solution.

If you're an aspiring financial professional, you'll find all the practice and helpful guidance you need to succeed!

Contenu

Introduction 1

What You'll Find 1

Beyond the Book 2

Where to Go for Additional Help 2

Part I: The Questions 3

Chapter 1: Underwriting Securities 5

The Problems You'll Work On 5

What to Watch Out For 5

134 Bringing New Issues to Market 6

3544 Distribution of Profits 11

4549 Types of Offerings 12

5064 Exempt Securities and Transactions 13

Chapter 2: Equit y Securities 17

The Problems You'll Work On 17

What to Watch Out For 17

6577 Common Stock 18

7889 Stock Splits and Dividends 19

90104 Preferred Stock 21

105108 American Depositary Receipts 23

109118 Rights and Warrants 24

Chapter 3: Corporate and U.S. Government Debt Securities 27

The Problems You'll Work On 27

What to Watch Out For 27

119129 Types of Bonds 28

130140 Price and Yield Calculations 29

141155 Comparing Bonds 31

156164 Convertible Bonds 33

165181 U.S. Government Securities 34

182189 Money Market Instruments 36

190197 Accrued Interest 37

198208 CMOs and CDOs 38

Chapter 4: Municipal Bonds 41

The Problems You'll Work On 41

What to Watch Out For 41

209224 GO and Revenue Bonds 42

225244 Other Municipal Bonds and Notes 44

245259 Tax Treatment of Municipal Bonds 46

260272 Primary Market 49

273324 Analysis and Recommendations 50

325352 Municipal Bond Rules 57

Chapter 5: Margin Accounts 63

The Problems You'll Work On 63

What to Watch Out For 63

353356 Paperwork 64

357366 Initial Margin Requirements 64

367372 Long Account Calculations 65

373375 Short Account Calculations 66

376377 Combined Accounts 67

378382 Excess Equity 67

383386 Restricted Accounts 68

387392 Rules 68

Chapter 6: Packaged Securities 71

The Problems You'll Work On 71

What to Watch Out For 71

393415 Types of Funds and Investment Recommendations 72

416419 Discounts and Methods of Investing 75

420423 Determining the Sales Charge and Public Offering Price 75

424434 Taxation and Rules 76

435440 Real Estate Investment Trusts 77

441456 Fixed and Variable Annuities 78

Chapter 7: Direct Participation Programs 81

The Problems You'll Work On 81

What to Watch Out For 81

457 462 General and Limited Partners 82

463467 Partnership Paperwork 82

468481 Partnership Taxes 83

482496 Checking Out Types of Partnerships 85

Chapter 8: Options 89

The Problems You'll Work On 89

What to Watch Out For 89

497519 Option Basics 90

520528 Standard Option Math 92

529544 Straddles and Combinations 94

545569 Spreads 96

570588 Stock and Options 99

589599 Multiple Option Contracts 102

600604 Splits and Dividends 103

605623 Currency, LEAPS, Yield, and Index Options 104

624640 Option Markets and Option Rules 106

Chapter 9: Portfolio and Securities Analysis 109

The Problems You'll Work On 109

What to Watch Out For 109

641648 Knowing Your Customer 110

649659 Portfolio Management 111

660672 Fiscal Policy, Money Supply, and the Fed 113

673677 Definitions and Economic Indicators 115

678693 Fundamental Analysis 115

694704 Types of Issues and Risks 118

705715 Technical Analysis 119

716720 Indexes and Circuit Breakers 120

Chapter 10: Orders and Trades 123 &...