Finra Exam Series-7 Topic 5 Question 102 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 102
Topic #: 5

[All Series-7 Questions]

An offering price of 102 plus accrued interest applies to which of the following securities?

Atreasury bills

Bcertificates of deposit

Ccommercial paper

Dbanker's acceptances

Show Suggested Answer

Suggested Answer: D

a fundamental analyst. These analysts are guided by computations about a company's performance using data in annual reports.

by Mindy at Oct 19, 2024, 05:28 AM

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2 days ago

I'm pretty sure it's Treasury bills, since they're often quoted at a discount to par value.

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5 days ago

I'm not sure, but I think it might be C) commercial paper because it is also a short-term debt instrument like treasury bills.

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8 days ago

I agree with Gaynell, because treasury bills are typically sold at a discount and the offering price includes accrued interest.

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16 days ago

I think it's A) treasury bills.

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