SIE TEST |ACTUAL QUESTIONS AND VERIFIED ANSWERS|BRAND NEW UPDATE|GRADED A+

SIE TEST |ACTUAL QUESTIONS AND VERIFIED
ANSWERS|BRAND NEW 2026-2027
UPDATE|GRADED A+


Josh Bullini is a control person who purchased shares of restricted stock and wants to sell
under Rule 144. John has fully paid for the shares and has held them for over one year.
There are 1,500,000 shares outstanding. Form 144 is filed on Monday, May 28, and the
weekly trading volume for the restricted stock is as follows:



May 25 = 16,000 shares

May 18 = 15,000 shares

May 11 = 17,000 shares

May 4 = 15,000 shares

April 27 = 18,000 shares



What is the maximum number of shares John can sell with this filling?



A) 15000

B) 15,750

C) 16,200

D) 16,250

CORRECT ANSWER

B




Bob Billingham owns 1200 shares of DEF common stock at a current market price of $90 per
share. If DEF splits its stock 3-for-1, what would Bob's position be after the split?




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, A) 400 shares at $270

B) 400 shares at $90

C) 3,600 shares at $33.33

D) 3,600 shares at $30

CORRECT ANSWER

D




Betty Billings owns 3,600 shares of GHI common stock at a current market price of $2 per
share. If GHI reverse splits its stock 1-for-5m what would Betty's position be after the split?



A) 600 shares at 410

B) 720 shares at $10

C) 18,000 shares at $0.40

D) 18,000 shares at $10

CORRECT ANSWER

B




ABC Stock os trading at $49.50 on the day prior to the ex-dividend date. If ABC previously
announced a $0.75 dividend, what will be the next day's opening price?



A) $48.25

B) $48.75

C) $49.50

D) 50.25

CORRECT ANSWER

B


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@THE STUDY VAULT