, 1 of 75
Term
Company ABC announces a 20% stock dividend for its common
shareholders. If a customer holds 1,000 shares at $50, what is the
new price and number of shares following the payment of the stock
dividend?
A. 800 shares at 62.50
B. 1000 shares at $41.67
C. 1200 shares at $41.67
D. 1200 shares at $50
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C A
D B
Don't know?
2 of 75
Term
Under normal circumstances, a customer's letter of intent on a
mutual fund purchase is valid for what maximum period of time?
A. 3 months
B. 6 months
,C. 13 months
D. 24 months
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B A
D C
Don't know?
3 of 75
Term
Which of the following Form U4 reportable events results in a.
statutory disqualification?
A. a personal bankruptcy filing
B. a written customer complaint alleging misappropriation of assets
C. a felony theft charge
D. a felony conviction for a driving under the influence charge
Give this one a try later!
D C
B A
, Don't know?
4 of 75
Term
In the event of a stock split, which of the following parties is required
to maintain a record of the shareholders eligible to receive the
additional shares?
A. DTC
B. Issuer
C. custodian
D. transfer agent
Give this one a try later!
B A
D C
Don't know?
5 of 75
Term
The primary purpose of a syndicate desk in the context of an equity
offering is to:
Term
Company ABC announces a 20% stock dividend for its common
shareholders. If a customer holds 1,000 shares at $50, what is the
new price and number of shares following the payment of the stock
dividend?
A. 800 shares at 62.50
B. 1000 shares at $41.67
C. 1200 shares at $41.67
D. 1200 shares at $50
Give this one a try later!
C A
D B
Don't know?
2 of 75
Term
Under normal circumstances, a customer's letter of intent on a
mutual fund purchase is valid for what maximum period of time?
A. 3 months
B. 6 months
,C. 13 months
D. 24 months
Give this one a try later!
B A
D C
Don't know?
3 of 75
Term
Which of the following Form U4 reportable events results in a.
statutory disqualification?
A. a personal bankruptcy filing
B. a written customer complaint alleging misappropriation of assets
C. a felony theft charge
D. a felony conviction for a driving under the influence charge
Give this one a try later!
D C
B A
, Don't know?
4 of 75
Term
In the event of a stock split, which of the following parties is required
to maintain a record of the shareholders eligible to receive the
additional shares?
A. DTC
B. Issuer
C. custodian
D. transfer agent
Give this one a try later!
B A
D C
Don't know?
5 of 75
Term
The primary purpose of a syndicate desk in the context of an equity
offering is to:
