Finra Exam Series-7 Topic 3 Question 98 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 98
Topic #: 3

[All Series-7 Questions]

Bubba plans to borrow some money and pledge securities as collateral.

Which of the following can he not use as collateral?

ASeries EE bonds

BUS treasury bills

CUS treasury notes

DUS treasury bonds

Show Suggested Answer

Suggested Answer: C

long one put and short one call. This is a short straddle. A position that is long one put and long one call is a long straddle.

by Francesco at Sep 19, 2024, 07:43 AM

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Pansy

25 days ago

If I can't use my treasured childhood action figures, I'm not going to borrow any money. They're worth their weight in gold!

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Tamra

29 days ago

Hmm, I'm pretty sure I can use my collection of limited edition Pokemon cards as collateral. They're basically the same as cash, right?

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Emogene

19 days ago

A) Series EE bonds

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Jeffrey

1 months ago

Series EE bonds? What is this, the 1950s? Get with the times, Alverta!

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Beth

26 days ago

A) Series EE bonds

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Alverta

1 months ago

Wait, why can't I use my secret stash of gold bullion as collateral? That's the good stuff!

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Madalyn

15 days ago

C) US treasury notes

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Samira

29 days ago

B) US treasury bills

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Mila

1 months ago

A) Series EE bonds

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Sueann

2 months ago

I disagree. Bubba cannot use US treasury bonds as collateral.

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Fausto

2 months ago

I agree with Linn. Series EE bonds are not eligible as collateral.

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Linn

2 months ago

I think Bubba cannot use Series EE bonds as collateral.

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