Blue chip stock - Study guides, Class notes & Summaries

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 30/360 Blue-sky laws are regulated by which of the following entities? ...

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 30/360 Blue-sky laws are regulated by which of the following entities? SEC MSRB F...

12b-1 Fee a fee that enables the cost of marketing, to all existing fund shareholders. The maximum 12b-1 fee under FINRA rules is .75% of net assets cannot call a fund a no-load if the 12b-1 exceeds .25% of net assets Ask Price - POP Price at which a market maker will sell 100 shares to public at the next computed net asset value plus a sales charge AMT Alternative minimum tax - tax code that attempts to make high income taxpayers that use a large amount of tax deductions to reduce thei...

An individual has annuitized her variable annuity contract and has begun receiving payments. She decides she would rather start a withdrawal program, no longer annuitizing the contract. As her registered representative, you may inform her that: She may make this change without restriction Once annuitized, she may no longer make a change Once annuitized, she may change only the settlement option She is limitied to a 1035 exchange - Answer- Once a variable annuity has been annuitized, change...

What are statutory voting rights? correct answers Allows the shareholder to vote one time per share for each seat on the board. If the investor owns 10 shares, she can use 10 shares to vote for position #1 and 10 shares to vote for position #2. What are cumulative voting rights? correct answers Allows the shareholder to pool votes together and then allocate as desired. If the investor owns 10 shares and there are 2 open seats, she can use all 20 shares to vote for a single candidate. ...

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Economics Vocabulary Latest 2023 100% Correct Land natural resources used to make goods and services Labor the effort people devote to a task for which they are paid Capital any human-made resource that is used to produce other goods and services Physical capital buildings and tools. Human capital: the knowledge and skills a worker gains through education and experience Opportunity cost the most desirable alternative given up as the result of a decision Economic Continuum a range with no cl...

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received - NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 - 30/360 Blue-sky laws are regulated by which of the following entities? SEC M...

stocks a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings stock market the market in which shares of publicly held companies are issued and traded either through exchanges or over-the-counter markets public company a firm that has issued securities through an initial public offering (IPO) and is traded on at least one stock exchange or in the over-the-counter market common share a security...

NAF Test Review Questions & Answers 2023/2024 acquisition - ANSWER-The act of one corporation acquiring another through the purchase of its shares or by purchasing its assets. annuity - ANSWER-A type of investment where money is exchanged for a series of equal payments over time. Payments can include interest on the original sum plus income from investments. Annuities are sold by life insurance companies and are often purchased to provide retirement income and shift the responsibility fo...