Under Rule 415 a corporation may file a single registration statement with the SEC covering its anticipated financing need for the next:
Which of the following is not an attribute of US treasury bills?
For an FINRA member firm to exercise discretionary power in any customer account requires written authorization by that customer except when:
Bubba Corporation has a registered public offering of 750,000 shares at $40. An underwriter of 30,000 shares is advised by the manager that its retention will be 70%.
How many shares may the underwriter sell to its own customers?
Which of the following is not usually an additional function of a mutual fund’s custodial bank?
According to FINRA Conduct Rules, a party judged guilty of a rule infraction by the District Business Conduct Committee may then appeal to:
A registered representative just accepted Bubba’s instructions to buy a specific stock in the over-the-counter market with the credit balance in his account.
Which of these orders for that issue can be entered and executed on a single ticket in a typical broker/dealer organization?
Bubba Corporation owes income tax. Which of the following may be tendered at par value for payment of the tax?
Bubba buys a bond issued at par with a 5% coupon that is convertible into common stock at $40.
What conversion ratio does Bubba determine?
Bubba wants to buy a $4 convertible preferred with that has a $50 par value and is exchangeable for common stock at $47.50. If the preferred stock is trading at 52, what does Bubba calculate as the common stock price in order to be at parity with the preferred?
