SIE Exam QuickSheet with all Correct & 100% Verified
Answers |Latest Version |Already Graded A+ (Just
Released)
Capital market where issuers sell securities to raise capital ✔Correct Answer-Primary
Capital market where there are transactions between investors ✔Correct Answer-Secondary
Type of offering where securities are sold to the general public ✔Correct Answer-Public
Securities Offering
Type of offering where securities are sold to private investors ✔Correct Answer-Private
Securities Offering
Type of offering where the proceeds to go the issuer ✔Correct Answer-Primary Offering
Type of offering where an issuer's first distribution of securities go to the public, proceeds go to
the issuer ✔Correct Answer-Initial Public Offering
Type of offering where there is a distribution of securities to the public after an IPO, proceeds go
to the issuer ✔Correct Answer-Additional Primary Offering
Type of offering where part of the proceeds go to the issuer and part go to the existing
shareholders ✔Correct Answer-Split Offering
Type of offering where the proceeds go to the existing stockholders ✔Correct Answer-
Secondary Offering
Market center that is a physical location, an auction market with designated market makers,
listed securities ✔Correct Answer-Exchange
Market where there are decentralized trades between market makers (dealers) ✔Correct
Answer-Over the Counter
Market center where exchange-listed securities are trading over the counter ✔Correct
Answer-Third Market
Market center where there is trading between institutions via electronic communication
networks ✔Correct Answer-Fourth Market
,Type of broker dealer that carries customer accounts and accepts funds and seurities
✔Correct Answer-Carrying/Clearing Firm
Type of broker dealer that introduces its customers to a clearing firm ✔Correct Answer-Fully
Disclosed Firm
Type of broker dealer that handles custody of securities and other services utilizing other BDs
for execution services ✔Correct Answer-Prime Dealer
What are the four stages of the business cycle ✔Correct Answer-Peak, Contraction, Trough,
Expansion
Economic policies enacted by the Federal Reserve Board to influence money supply ✔Correct
Answer-Monetary Policy
Economic policies enacted by Congress and the president to influence demand for goods and
services ✔Correct Answer-Fiscal Policy
Economic policies where prices determined by market forces where sellers of goods will price
them to meet demand and remain profitable ✔Correct Answer-Supply Side
Rate at which member banks charge each other for overnight lloans ✔Correct Answer-Federal
Funds Rate
Rate at which the large U.S. money center banks charge their best corporate customers
✔Correct Answer-Prime Rate
Rate at which the FRB charges for loans to depository institutions ✔Correct Answer-Discount
Rate
Rate at which the banks charge broker dealers for funds borrowed to lend to margin account
customers ✔Correct Answer-Broker Call Rate
Equity that is issued to raise capital and provides investor's growth ✔Correct Answer-
Common Stock
Equity that is issued to raise capital and provide investor's income ✔Correct Answer-Preferred
Stock
Type of preferred stock where missed dividends are not payable ✔Correct Answer-Straight
Type of preferred stock where missed dividends (dividends in arreas and current preferred
dividends must be paid before common) ✔Correct Answer-Cumulative
, Type of preferred shares where the issuer may buy back shares after a specified date at a
specified price ✔Correct Answer-Callable
Type of preferred shares where the issuer may pay more than the stated dividend ✔Correct
Answer-Participating
Type of preferred shares where the dividend is tied to another rate ✔Correct Answer-
Adjustable Rate
Available to existing shareholders, short term, exercise price is below the current market value.
Opportunity for existing stockholders to maintain percentage of ownership ✔Correct Answer-
Rights
Offered with other securities, sold as units, long term, exercise price above current market price
when issued ✔Correct Answer-Warrants
Traded on exchanges or over the counter and provide liquidity for real estate investors
✔Correct Answer-REITs
Bond maturity where the entire issue matures on one date ✔Correct Answer-Term
Bond maturity where the issue matures over a period of years ✔Correct Answer-Serial
Bond maturity where there is a repayment schedule over a period of years, having the largest
number of bonds maturing at the final maturity date ✔Correct Answer-Balloon
Bond feature where the issuer can buy back bonds as of a specified date prior to maturity at a
specified price ✔Correct Answer-Callable
Bond feature where the investor can put bonds back to the issuer as of a specified date prior to
maturity at a specified price ✔Correct Answer-Puttable
Bond feature that allows investor to convert the debt instrument to equity (stock) ✔Correct
Answer-Convertible
What is the assumed par value unless told differently? ✔Correct Answer-$1,000
What is the formula for coupon, nominal, stated yield ✔Correct Answer-Annual Interest/Par
Value
What is the formula for current yield? ✔Correct Answer-Annual Interest/Current Market
Value
Annualized return if held to maturity ✔Correct Answer-Yield to Maturity
Answers |Latest Version |Already Graded A+ (Just
Released)
Capital market where issuers sell securities to raise capital ✔Correct Answer-Primary
Capital market where there are transactions between investors ✔Correct Answer-Secondary
Type of offering where securities are sold to the general public ✔Correct Answer-Public
Securities Offering
Type of offering where securities are sold to private investors ✔Correct Answer-Private
Securities Offering
Type of offering where the proceeds to go the issuer ✔Correct Answer-Primary Offering
Type of offering where an issuer's first distribution of securities go to the public, proceeds go to
the issuer ✔Correct Answer-Initial Public Offering
Type of offering where there is a distribution of securities to the public after an IPO, proceeds go
to the issuer ✔Correct Answer-Additional Primary Offering
Type of offering where part of the proceeds go to the issuer and part go to the existing
shareholders ✔Correct Answer-Split Offering
Type of offering where the proceeds go to the existing stockholders ✔Correct Answer-
Secondary Offering
Market center that is a physical location, an auction market with designated market makers,
listed securities ✔Correct Answer-Exchange
Market where there are decentralized trades between market makers (dealers) ✔Correct
Answer-Over the Counter
Market center where exchange-listed securities are trading over the counter ✔Correct
Answer-Third Market
Market center where there is trading between institutions via electronic communication
networks ✔Correct Answer-Fourth Market
,Type of broker dealer that carries customer accounts and accepts funds and seurities
✔Correct Answer-Carrying/Clearing Firm
Type of broker dealer that introduces its customers to a clearing firm ✔Correct Answer-Fully
Disclosed Firm
Type of broker dealer that handles custody of securities and other services utilizing other BDs
for execution services ✔Correct Answer-Prime Dealer
What are the four stages of the business cycle ✔Correct Answer-Peak, Contraction, Trough,
Expansion
Economic policies enacted by the Federal Reserve Board to influence money supply ✔Correct
Answer-Monetary Policy
Economic policies enacted by Congress and the president to influence demand for goods and
services ✔Correct Answer-Fiscal Policy
Economic policies where prices determined by market forces where sellers of goods will price
them to meet demand and remain profitable ✔Correct Answer-Supply Side
Rate at which member banks charge each other for overnight lloans ✔Correct Answer-Federal
Funds Rate
Rate at which the large U.S. money center banks charge their best corporate customers
✔Correct Answer-Prime Rate
Rate at which the FRB charges for loans to depository institutions ✔Correct Answer-Discount
Rate
Rate at which the banks charge broker dealers for funds borrowed to lend to margin account
customers ✔Correct Answer-Broker Call Rate
Equity that is issued to raise capital and provides investor's growth ✔Correct Answer-
Common Stock
Equity that is issued to raise capital and provide investor's income ✔Correct Answer-Preferred
Stock
Type of preferred stock where missed dividends are not payable ✔Correct Answer-Straight
Type of preferred stock where missed dividends (dividends in arreas and current preferred
dividends must be paid before common) ✔Correct Answer-Cumulative
, Type of preferred shares where the issuer may buy back shares after a specified date at a
specified price ✔Correct Answer-Callable
Type of preferred shares where the issuer may pay more than the stated dividend ✔Correct
Answer-Participating
Type of preferred shares where the dividend is tied to another rate ✔Correct Answer-
Adjustable Rate
Available to existing shareholders, short term, exercise price is below the current market value.
Opportunity for existing stockholders to maintain percentage of ownership ✔Correct Answer-
Rights
Offered with other securities, sold as units, long term, exercise price above current market price
when issued ✔Correct Answer-Warrants
Traded on exchanges or over the counter and provide liquidity for real estate investors
✔Correct Answer-REITs
Bond maturity where the entire issue matures on one date ✔Correct Answer-Term
Bond maturity where the issue matures over a period of years ✔Correct Answer-Serial
Bond maturity where there is a repayment schedule over a period of years, having the largest
number of bonds maturing at the final maturity date ✔Correct Answer-Balloon
Bond feature where the issuer can buy back bonds as of a specified date prior to maturity at a
specified price ✔Correct Answer-Callable
Bond feature where the investor can put bonds back to the issuer as of a specified date prior to
maturity at a specified price ✔Correct Answer-Puttable
Bond feature that allows investor to convert the debt instrument to equity (stock) ✔Correct
Answer-Convertible
What is the assumed par value unless told differently? ✔Correct Answer-$1,000
What is the formula for coupon, nominal, stated yield ✔Correct Answer-Annual Interest/Par
Value
What is the formula for current yield? ✔Correct Answer-Annual Interest/Current Market
Value
Annualized return if held to maturity ✔Correct Answer-Yield to Maturity
