SIE Exam QUESTIONS & ANSWERS 100% ACCURATE!!

SIE Exam 2024-2025 QUESTIONS &
ANSWERS 100% ACCURATE!!

All of the following are terms associated with preferred stock EXCEPT?

A

Convertible



B

Callable



C

Cumulative



D

Redeemable - ANSWERD

Redeemable



What entity was created to maintain an electronic book entry record of stock ownership and to
handle a high volume of daily transactions?



A

DTC



B

FINRA



C

OCC



D

, MSRB - ANSWERA

DTC



An exploratory oil and gas limited partnership has:



A

low risks



B

low mineral rights costs



C

immediate current income



D

low intangible drilling costs - ANSWERB

low mineral rights costs




Which statement is TRUE regarding the effect of market interest rate movements on callableand
puttable bond prices?



A

When interest rates fall, the call price tends to set a ceiling on the market price of the bond and
when interest rates rise, the put price tends to set a floor on the market price of the bond



B

When interest rates fall, the call price tends to set a floor on the market price of the bond and when
interest rates rise, the put price tends to set a floor on the market price of the bond



C