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SIE GREENLIGHT EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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SIE GREENLIGHT EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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SIE GREENLIGHT EXAM 2024/2025 WITH100% ACCURATE SOLUTIONS
For the buyer of an option, the premium paid is considered the:
A. Leveraged price
B. Maximum risk
C. Maximum reward
D. Breakeven point - Precise Answer ✔✔B
In a limited partnership, a general partner's minimum participation in
profits and losses is:
A. 1%
B. 5%
C. 10%
D. 15% - Precise Answer ✔✔A
In reviewing prices for a mutual fund, an investor notices that the
Beacon Fund has two listings, one for Class A shares and the other for
Class B shares. The distinction between the two classes of shares would
most likely be:
,A. Class A shares are oriented toward short-term trading, while Class B
shares have a long-term perspective
B. Class A shares should be purchased by income-oriented investors
while Class B shares are for those seeking capital appreciation
C. Class A shares can be purchased directly from the fund, while Class B
shares are offered through broker-dealers
D. Class A shares have a front-end sales charge, while Class B shares
have a contingent deferred sales charge - Precise Answer ✔✔D
An uncle would like to invest for his nephew's college education. Which
of the following factors is a benefit of a 529 plan?
A. Uniformity of state taxation
B. Pretax contributions
C. Change of beneficiaries allowed
D. No limits on contributions - Precise Answer ✔✔C
Which of the following is NOT a characteristic of preferred stock?
A. It has a fixed dividend
B. The board of directors must declare the dividends
C. It has a dividend that is not guaranteed
,D. It carries voting rights - Precise Answer ✔✔D
An investor has a portfolio of bonds that yields 6%. Interest rates have
been falling and most of the bonds in the portfolio are due to mature
which will force the investor to seek new bonds at lower yields. This
investor is experiencing:
A. Opportunity risk
B. Reinvestment risk
C. Prepayment risk
D. Credit risk - Precise Answer ✔✔B
Which of the following actions should be taken if a registered
representative (RR) receives a written complaint from a customer?
A. The RR should respond to the complaint within 10 business days.
B. The RR should forward the complaint to her principal.
C. FINRA should receive a copy of the complaint within 10 business
days.
D. The firm should immediately respond to the customer - Precise
Answer ✔✔B
An employee at your firm is scheduled to meet for dinner with an
employee of another firm to discuss a joint business venture. Your
, firm's employee is unable to attend and agrees to pay for dinner
without attending. This would be considered:
A. gift
B. A legitimate business expense
C. Compensation
D. Normal business practice - Precise Answer ✔✔A
An IRA that allows for non-deductible contributions, limits the amount
able to be contributed to the lesser of 100% of earned income or
$6,000 per year, and allows for qualified distributions to be taken tax-
free after age of 59 1/2 is a/an:
A. SEP-IRA
B. Traditional IRA
C. Education IRA
D. Roth IRA - Precise Answer ✔✔D
The main difference between a registered exchange-traded REIT and a
registered nontraded REIT is:
A. The type of assets in which they are permitted to invest
B. The types of disclosures they are required to make to investors
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