Business > EXAM > Series 7 Practice Questions | 160 Questions with 100% Correct Answers | Updated & Verified (All)
An investor tells his rr to purchase 50m EGG 11.7% debenture bonds. The order goes through and the bonds are purchased for 113. A year before the bond matures, it is valued at 103. What is this call... ed? - ANS - Amortization In oil and gas limited partnerships is the risk greater in developmental or exploratory programs? - ANS - exploratory What is the best way to measure the GNP? (gross national product) - ANS - constant dollars What is the broker's role in the term "broker/dealer"? - ANS - executing trades for client accounts What is the maximum federal tax rate for corporations on their dividends and other income? - ANS - 35% What is the maximum federal tax rate for individuals on their dividends and other income? - ANS - 20% What type of securities are exempt from registration under the Securities Act of 1933? - ANS - government agency issues [Show More]
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