Which of the following is true of treasury stock?
Answer(s): D
it is stock that has been reacquired by the issuer. Treasury stock has no voting rights and is not entitled to receive dividends. The shares have been issued but are no longer outstanding in the market.
Bubba decides to buy equity securities. Which of the following statements is always true about what Bubba is buying?
they are not secured by collateral. Equity is ownership, which has no collateral security…or any other kind of security such as a guaranteed return, maturity, or marketability.
Which of the following securities provides the longest term of option privilege?
Answer(s): C
warrants. All of the others always have fixed maturity dates. Warrants often have no finite life and, if they do, it is a very long time.
A company may pay a declared dividend in which of the following ways:
all of the above. Dividends can be paid in all of these ways. They can also be paid with treasury stock or authorized but unissued stock.
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