A group net order is one that benefits municipal syndicate members:
Answer(s): B
according to their percentage participation in the account. For example, if the group net order produces $3,000 in fees and a syndicate member has a 10% overall participation, that member receives $300 in fees.
A syndicate manager has just been informed that its bid has been accepted and all syndicate members are duly notified. Public information on the award will be most quickly available from:
Answer(s): D
Munifacts. This is a wire service provided by the daily Bond Buyer. It displays information on municipal traders, underwriters, and other participants in the fixed income markets.
Under what circumstances may a municipal securities dealer guarantee a customer against loss in market value of bonds?
Answer(s): A
under no circumstances. No guarantees may be made against loss of market value because no one can guarantee the direction of the market. Insured bonds are protected against loss of principal and interest but not against market value depreciation.
When pricing callable municipal bonds, the “price to call” is based upon which of the following?
in-whole calls. Price to call computations are based upon in-whole calls only. These calls will result in all bondholders being called simultaneously, thus guaranteeing a minimum yield to all.
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.