SIE Practice Exam Questions and answers rated A+ 2023

SIE Practice Exam Questions and answers rated A+ 2023A common shareholder is not entitled to: - correct answer Appoint officers of the corporation Which of the following statements is TRUE concerning electronic communication networks (ECNs) - correct answer They can be used by investors who want to trade anonymously Which of the following investments is the MOST suitable for a person who is interested in aggressive growth? - correct answer Common Stock A U.S. government bond is selling in the market at 95.28. The dollar value of this bond is: - correct answer $958.75 Which of the following securities trades in fractional units of 1/32 of a point? - correct answer Treasury Bonds When a bond is called, the bondholder receives the: - correct answer Call price plus accrued interest A bond is selling at a premium. This indicates that: - correct answer Interest rates have decreased since the bond was issued. John Trask, one of your customers, is long 100 shares of Plantation, Inc. 6% cumulative preferred stock ($100 par). Over the last three years, Plantation, Inc. has had negative net income and Mr. Trask hasn't received any dividends during that time period. How much must Mr. Trask receive in dividend income this year before common stockholders can receive a cash dividend? - correct answer $2400 Which of the following is controlled by the Federal Reserve Board (FRB)? - correct answer The discount rate