SIE Exam With 100% Quality Answers
Which of the following Form U4 reportable events results in a statutory disqualification? -
correct answers ✔✔A felony conviction for a DUI charge
The computation of dollar prices and accrued interest on municipal bonds is normally on what
calendar basis? - correct answers ✔✔30/360
Direct participation programs(DPPs) provide : - correct answers ✔✔Exposure to non-correlated
assets with steady returns
Call protection is most valuable to a bond owner when bond prices are generally: - correct
answers ✔✔Rising
When is interest on Treasury notes paid? - correct answers ✔✔Semiannually
Which of the following stakeholders has first claim priority in a Chapter 11 proceeding? - correct
answers ✔✔Secured debt holders
Under a system if statutory voting, a common stockholder has as many votes for each vacancy
on the board of directors as the number of: - correct answers ✔✔Shares owned by the
stockholder
A savings account at a bank is guaranteed by which of the following entities? - correct answers
✔✔FDIC
Under Rule144A, an issuer of restricted stock is permitted to sell to which of the following
investors? - correct answers ✔✔Qualified institutional buyers (QIBs)
, Broker-dealer ABC seeks to underwrite a municipal securities offering by a local town in which
the mayor is currently seeking re-election. A municipal finance professional who resides in the
town and works with ABC contributed $200 to the mayor's re-election campaign 13 months
ago. If the employee wants to support the campaign further without impacting the municipal
securities business of the firm, he is permitted to make an additional contribution of up to what
amount? - correct answers ✔✔$50
Which of the following communications with the public is considered misleading? - correct
answers ✔✔Literature providing 10-year performance information to support predictions of
future performance.
A registered representative is reviewing the following portfolio:
30% ABC Energy Company
30% XYZ Health Care Company
30% Exchange traded funds (tracks the S&P 500)
10% money market funds. Which of the following risks is inherent in this portfolio? - correct
answers ✔✔Nonsystematic
In a period of low inflation and economic recession, the Federal Reserve is expected to take
which of the following actions? - correct answers ✔✔Buy bonds in the open market.
The call provision of a bond stipulates which of the following factors?
A. Maturity date
B. Call Date and price
C. Original issue discount
D. Coupon rate and call date - correct answers ✔✔B. Call date and Call price
The owner of which of the following products is MOST exposed to inflationary risk?
Which of the following Form U4 reportable events results in a statutory disqualification? -
correct answers ✔✔A felony conviction for a DUI charge
The computation of dollar prices and accrued interest on municipal bonds is normally on what
calendar basis? - correct answers ✔✔30/360
Direct participation programs(DPPs) provide : - correct answers ✔✔Exposure to non-correlated
assets with steady returns
Call protection is most valuable to a bond owner when bond prices are generally: - correct
answers ✔✔Rising
When is interest on Treasury notes paid? - correct answers ✔✔Semiannually
Which of the following stakeholders has first claim priority in a Chapter 11 proceeding? - correct
answers ✔✔Secured debt holders
Under a system if statutory voting, a common stockholder has as many votes for each vacancy
on the board of directors as the number of: - correct answers ✔✔Shares owned by the
stockholder
A savings account at a bank is guaranteed by which of the following entities? - correct answers
✔✔FDIC
Under Rule144A, an issuer of restricted stock is permitted to sell to which of the following
investors? - correct answers ✔✔Qualified institutional buyers (QIBs)
, Broker-dealer ABC seeks to underwrite a municipal securities offering by a local town in which
the mayor is currently seeking re-election. A municipal finance professional who resides in the
town and works with ABC contributed $200 to the mayor's re-election campaign 13 months
ago. If the employee wants to support the campaign further without impacting the municipal
securities business of the firm, he is permitted to make an additional contribution of up to what
amount? - correct answers ✔✔$50
Which of the following communications with the public is considered misleading? - correct
answers ✔✔Literature providing 10-year performance information to support predictions of
future performance.
A registered representative is reviewing the following portfolio:
30% ABC Energy Company
30% XYZ Health Care Company
30% Exchange traded funds (tracks the S&P 500)
10% money market funds. Which of the following risks is inherent in this portfolio? - correct
answers ✔✔Nonsystematic
In a period of low inflation and economic recession, the Federal Reserve is expected to take
which of the following actions? - correct answers ✔✔Buy bonds in the open market.
The call provision of a bond stipulates which of the following factors?
A. Maturity date
B. Call Date and price
C. Original issue discount
D. Coupon rate and call date - correct answers ✔✔B. Call date and Call price
The owner of which of the following products is MOST exposed to inflationary risk?
