Which of the following is not an attribute of US treasury bills?
Answer(s): D
interest is exempt from federal income taxes. This is the choice that is “not” an attribute of treasuries. All of the other choices are attributes of US treasury bills, which are subject to federal income taxes.
Under which of the following conditions are homeowners most likely to refinance existing mortgages?
Answer(s): B
when interest rates fall. Homeowners are most likely to refinance when rates are lower than the past.
Which of the following is not true about US treasury bills?
Answer(s): C
they are issued in denominations of $1,000 to $1,000,000. Remember, the question asks what is “not” true. The smallest denomination for a US treasury bill is $10,000.
CMOs are sold and priced based upon which of the following:
Answer(s): A
expected average life. The average life of a CMO is the length of time that each dollar of invested principal is expected to remain outstanding. Pricing of CMOs is based upon this factor.
Post your Comments and Discuss FINRA SERIES 7 exam with other Community members:
aparna Commented on December 27, 2024 yes can please upload the exam? Anonymous
Karan Patel Commented on August 15, 2023 Yes, Can you please upload the exam? UNITED STATES
Karan Patel Commented on August 15, 2023 yes, can you please upload the exam? UNITED STATES
Victor Lin Commented on November 13, 2016 Will take the exam shortly and will update the result here again. Hope this paper can help. AUSTRALIA
Vivek Commented on July 18, 2016 Using it for the first time....will share post once done. Thanks for providing the same. UNITED STATES
Arihant Commented on January 20, 2016 Will Give exam in next 2 weeks. Very happy to purchase from Braindumps. Thanks you very much. UNITED STATES
Our website is free, but we have to fight against bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the SERIES 7 content, but please register or login to continue.