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Exam Series-7 All Questions
Exam Series-7 All Questions

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FINRA General Securities Representative Series-7 Question # 106 Topic 11 Discussion

Series-7 Exam Topic 11 Question 106 Discussion:
Question #: 106
Topic #: 11

Big Guns Municipal Bond Dealer Corporation buys 100M of 7% 20-year GO bonds at par. The bonds are marked up and immediately re-offered for sale.

Which of the following re-offering prices would probably be deemed excessive?


A.

6.8% net


B.

6.9% less 0.5


C.

$100.75


D.

5.00% net


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