Series 65 Exam 3 2025 Questions and
Answers
- Sell short
- Be bought and sold on margin - ANSWER✔✔-When comparing exchange-traded fund
(ETFs) to mutual funds, some features available in ETFs that are NOT found in the
mutual funds would include the ability to:
7% coupon yielding 7.5% - ANSWER✔✔-Which of the following indicates a bond
selling at a discount?
An investment whose value is based upon another asset. - ANSWER✔✔-Which of the
following best defines a derivative?
The potential for a higher cash value and death benefit. - ANSWER✔✔-The main
benefit that variable life insurance has over whole life insurance is:
GNMAs - ANSWER✔✔-An investor interested in monthly interest income should
invest in:
, $300 - ANSWER✔✔-If a call option with an exercise price of $50 is purchased for $300,
the maximum amount the investor can loose is
Straight life - ANSWER✔✔-For a given amount of principal. which annuity option
would produce the largest monthly income stream?
REITs - ANSWER✔✔-One of the most important definitions found in the investment
Company Act of 1940 is that of "investment company". Included in that definition are
all of the following EXCEPT:
Zero-coupon bond with 15 years to maturity - ANSWER✔✔-Of the following bonds,
which has the greatest price volatility?
inflation rate - ANSWER✔✔-In the secondary market, Treasury bond prices are most
influenced by the:
closed-end fund - ANSWER✔✔-If you were describing an investment that trades on an
exchange with a price set by supply and demand, rather than it's underlying value, it
would be a(n)
Bank Jumbo CD - ANSWER✔✔-Which of the following would you NOT expect to see
issued at a discount?
mutual fund - ANSWER✔✔-An open-end investment company is also referred to as
a(n):
Answers
- Sell short
- Be bought and sold on margin - ANSWER✔✔-When comparing exchange-traded fund
(ETFs) to mutual funds, some features available in ETFs that are NOT found in the
mutual funds would include the ability to:
7% coupon yielding 7.5% - ANSWER✔✔-Which of the following indicates a bond
selling at a discount?
An investment whose value is based upon another asset. - ANSWER✔✔-Which of the
following best defines a derivative?
The potential for a higher cash value and death benefit. - ANSWER✔✔-The main
benefit that variable life insurance has over whole life insurance is:
GNMAs - ANSWER✔✔-An investor interested in monthly interest income should
invest in:
, $300 - ANSWER✔✔-If a call option with an exercise price of $50 is purchased for $300,
the maximum amount the investor can loose is
Straight life - ANSWER✔✔-For a given amount of principal. which annuity option
would produce the largest monthly income stream?
REITs - ANSWER✔✔-One of the most important definitions found in the investment
Company Act of 1940 is that of "investment company". Included in that definition are
all of the following EXCEPT:
Zero-coupon bond with 15 years to maturity - ANSWER✔✔-Of the following bonds,
which has the greatest price volatility?
inflation rate - ANSWER✔✔-In the secondary market, Treasury bond prices are most
influenced by the:
closed-end fund - ANSWER✔✔-If you were describing an investment that trades on an
exchange with a price set by supply and demand, rather than it's underlying value, it
would be a(n)
Bank Jumbo CD - ANSWER✔✔-Which of the following would you NOT expect to see
issued at a discount?
mutual fund - ANSWER✔✔-An open-end investment company is also referred to as
a(n):
