SIE Practice Test 1

Where would institutions wish to trade stocks for the cheapest transaction costs and most privacy?

Damon’s current finances consist of $750 in a rainy day fund jar in his kitchen, $4500 in a checking account, $5000 in a savings account, and $6000 in an overnight repurchase agreement. Which category does he have the most capital?

Which of the following is not a benefit of common stock?

Mikey, an Ohio native,  wants to invest in this new Swedish company that has supposedly created the next best supplement pill. What would be the easiest way to invest in this company as it is sold on the Stockholm Stock Exchange?

Which of these are structured to have a portion of the principal to mature before the entire balance has been repaid?

Ted wants to know what the current yield of his bond is. The bond has a current price of $6000 and a coupon of $450. The bond is set to mature in 13 years. What’s his current yield?

Which of the following best describes a bullish investor?

Derek is filing a trading authorization for his discretionary account. Which of the following rules is not implied with said accounts?

Christe owns 200 shares at $5. Assume a 1:4 reverse split. What is her new per share value?

A person may be rejected from becoming a registered representative within FINRA if: