A transaction in which a writer covers a position by purchasing an option is called:
A. A closing sale
B. A closing purchase
C. An opening Sale
D. An opening purchase
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, B. A closing purchase
The commutation of dollar prices and accrued interest on municipal bonds is
normally on what calendar basis?
A. 30/360
B. 30/365
C. Actual/360
D. Actual/365
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A. 30/360
An investor owns 100 shares of XYZ common stock at the current market price of $50
per share. If XYZ conducts a 1-for-2 reverse stock split, the investor's post-split stock
position will be:
A. 50 shares at $25 per share
B. 50 shares at $100 per share
C. 200 shares at $25 per share
D. 200 shares at $100 per share
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B. 50 shares at $100 per share
A registered representative (RR) who wants to place a mutual fund advertisement
must obtain written approval from which of the following parties?
A. A closing sale
B. A closing purchase
C. An opening Sale
D. An opening purchase
Give this one a try later!
, B. A closing purchase
The commutation of dollar prices and accrued interest on municipal bonds is
normally on what calendar basis?
A. 30/360
B. 30/365
C. Actual/360
D. Actual/365
Give this one a try later!
A. 30/360
An investor owns 100 shares of XYZ common stock at the current market price of $50
per share. If XYZ conducts a 1-for-2 reverse stock split, the investor's post-split stock
position will be:
A. 50 shares at $25 per share
B. 50 shares at $100 per share
C. 200 shares at $25 per share
D. 200 shares at $100 per share
Give this one a try later!
B. 50 shares at $100 per share
A registered representative (RR) who wants to place a mutual fund advertisement
must obtain written approval from which of the following parties?
