Ace your Series 7 exam with this comprehensive practice set featuring 157 realistic
questions and verified answers. Designed to mirror the actual exam format, it covers key
topics like municipal bonds, options, margin accounts, and equity securities to ensure you
pass on your first try.
Product Features
• 157 targeted questions covering core exam topics.
• Verified, accurate answers with clear explanations.
• Instant digital access for study on any device.
• Real exam style to build your test-taking speed.
Topics Covered
• Equity and debt securities
• Options and margin accounts
• Municipal and government bonds
• Investment risk and retirement plans
• Customer accounts and compliance
Quiz_________________?
An investor tells his rr to purchase 50m EGG 11.7% debenture bonds. The order goes
through and the bonds are purchased for 113. A year before the bond matures, it is valued
at 103. What is this called? -
1
, Answers✅
Amortization
Quiz_________________?
In oil and gas limited partnerships is the risk greater in developmental or exploratory
programs? -
Answers✅
exploratory
Quiz_________________?
What is the best way to measure the GNP? (gross national product) -
Answers✅
constant dollars
Quiz_________________?
What is the broker's role in the term "broker/dealer"? -
Answers✅
executing trades for client accounts
Quiz_________________?
What is the maximum federal tax rate for corporations on their dividends and other
income? -
Answers✅
35%
2
, Quiz_________________?
What is the maximum federal tax rate for individuals on their dividends and other income? -
Answers✅
20%
Quiz_________________?
What type of securities are exempt from registration under the Securities Act of 1933? -
Answers✅
government agency issues
Quiz_________________?
Suppose a put is assigned to the writer. Under federal guidlines, the premium received by
the writer of the put is treated in what manner? -
Answers✅
It is subtracted from the cost basis when the writer is assigned
Quiz_________________?
How much income must a REIT generate from the real estate properties? -
Answers✅
75%
Quiz_________________?
How much must a REIT pass-through of its profits to investors? -
Answers✅
3
, 90%
Quiz_________________?
A portfolio manager of a pension fund desires income but wants to protect the porfolio.
What option position would he make? -
Answers✅
Write calls against the market index for income and protection.
Quiz_________________?
A rr should request an extension of time for an invest to pay for stock that he has
purchased by the: -
Answers✅
Fifth business day
Quiz_________________?
Self-employed people can contribute how much to thier Keogh? -
Answers✅
The lesser of 100% of their income or $51,000
Quiz_________________?
Your customer thinks that the stock is aobut to hit the resistance level and break through
to the next level. She would like to take advantage of the situation. Whay type of ORDER
would you suggest she place? -
Answers✅
Buy Stop order
4
questions and verified answers. Designed to mirror the actual exam format, it covers key
topics like municipal bonds, options, margin accounts, and equity securities to ensure you
pass on your first try.
Product Features
• 157 targeted questions covering core exam topics.
• Verified, accurate answers with clear explanations.
• Instant digital access for study on any device.
• Real exam style to build your test-taking speed.
Topics Covered
• Equity and debt securities
• Options and margin accounts
• Municipal and government bonds
• Investment risk and retirement plans
• Customer accounts and compliance
Quiz_________________?
An investor tells his rr to purchase 50m EGG 11.7% debenture bonds. The order goes
through and the bonds are purchased for 113. A year before the bond matures, it is valued
at 103. What is this called? -
1
, Answers✅
Amortization
Quiz_________________?
In oil and gas limited partnerships is the risk greater in developmental or exploratory
programs? -
Answers✅
exploratory
Quiz_________________?
What is the best way to measure the GNP? (gross national product) -
Answers✅
constant dollars
Quiz_________________?
What is the broker's role in the term "broker/dealer"? -
Answers✅
executing trades for client accounts
Quiz_________________?
What is the maximum federal tax rate for corporations on their dividends and other
income? -
Answers✅
35%
2
, Quiz_________________?
What is the maximum federal tax rate for individuals on their dividends and other income? -
Answers✅
20%
Quiz_________________?
What type of securities are exempt from registration under the Securities Act of 1933? -
Answers✅
government agency issues
Quiz_________________?
Suppose a put is assigned to the writer. Under federal guidlines, the premium received by
the writer of the put is treated in what manner? -
Answers✅
It is subtracted from the cost basis when the writer is assigned
Quiz_________________?
How much income must a REIT generate from the real estate properties? -
Answers✅
75%
Quiz_________________?
How much must a REIT pass-through of its profits to investors? -
Answers✅
3
, 90%
Quiz_________________?
A portfolio manager of a pension fund desires income but wants to protect the porfolio.
What option position would he make? -
Answers✅
Write calls against the market index for income and protection.
Quiz_________________?
A rr should request an extension of time for an invest to pay for stock that he has
purchased by the: -
Answers✅
Fifth business day
Quiz_________________?
Self-employed people can contribute how much to thier Keogh? -
Answers✅
The lesser of 100% of their income or $51,000
Quiz_________________?
Your customer thinks that the stock is aobut to hit the resistance level and break through
to the next level. She would like to take advantage of the situation. Whay type of ORDER
would you suggest she place? -
Answers✅
Buy Stop order
4
