Series 7 Exam Guru Practice Test 1 EXPLICATED. Hit Pause, Answer, Hit Play.

Watch Practice Test 2 next    • Series 7 Exam Guru Practice Test 2 EXPLICA...   Hit pause before I explicate and attempt yourself. Time Stamps: 00:00 Intro 02:33 Authorized, Issued, Treasury, Outstanding 03:29 Declared Date, Ex Date, Record Date, Payable Date 04:54 Registrar 05:02 Uniform Practice Code 06:44 Rights versus Warrants!!!!!! 07:36 American Depository Receipts (ADRs)!!!!!!!! 09:36 Relationship of NY, CY, YTM, YTC 11:05 Coupon, nominal yield, fixed or stated rate of return 11:55 3/8 of a bond point 12:59 Bond trading at a premium!!!!!!! 15:13 Trust indenture 16:15 Credit ratings 16:44 Call risk 18:15 Calculating parity of the common!!!!! 21:17 Bankers Acceptances 23:32 General obligation bond 24:40 Moral obligation bond 25:03 Net revenue pledge!!!!! 25:40 Industrial Development Revenue Bonds 28:26 Overlapping debt (Coterminus) 29:20 Bond counsel. Legal Opinion. Qualified or Unqualified. 29:50 Bond Buyer 30:07 Official Statement 30:23 MSRB 31:24 Very important answer set!!!! 32:26 Nominal quote 32:55 Opening and closing orders!!!!!!! 33:35 Question 35 is B! 33:41 Trade, Exercise, Expire 36:23 Long call 38:00 Short call 38:49 Credit call spread 47:31 Long put 49:25 Short put 52:32 Long straddle 56:36 Covered call 59:42 Long stock and long a put 1:03:08 Short stock and long a call 1:04:22 Numbered account 1:06:15 Trading authorization 1:07:28 Documentation for a margin account 1:09:12 Cooling off period 1:11:19 Shelf registration for a non WKSI is 2 years. WKSI shelf are 3 years. A WKSI is a Well Known Seasoned Issuer of securities. 1:12:16 Components of a municipal spread 1:15:19 Auction versus OTC markets 1:15:31 Third and fourth market 1:15:49 Participants of the NYSE 1:16:26 Types of orders!!!!! 1:20:08 Inside market or inside quote 1:20:52 NASDAQ Date Feeds Level I, Level 2, Level 3 1:21:14 Backing away!!!!!! 1:22:44 DVP 1:23:21 Fail to deliver "buy in" 1:23:42 Stock power 1:24:09 Maximum load in a mutual fund 1:24:19 Forward pricing 1:24:23 Management fee in a mutual fund 1:24:55 Calculating POP and percentage sales charge 1:28:14 DIE 90 1:30:28 Life only 1:30:10 Question 106 is b. 59 1/2. 72 for RMDs 1:30:46 Flow through of tax consequences in a DPP 1:31:01 Avoiding two corporate features 1:33:42 Monthly statements versus quarterly statements 1:34:03 Penny stocks 1:34:12 Money laundering 1:34:05 U-4 and U-5 1:34:43 Selling away 1:34:47 Appeals under the Code of Procedure