FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 1 Topic 1 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 1 Topic 1 Discussion

Series-7 Exam Topic 1 Question 1 Discussion:
Question #: 1
Topic #: 1

If federal excise taxes were increased by the government, what would the typical investor do about his securities portfolio?


A.

sell treasuries and invest in municipal bonds


B.

sell corporate bonds and invest in treasuries


C.

sell municipal bonds and invest in high quality growth stocks


D.

take no action as a result of the tax increase


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