Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Exam Series-7 Topic 5 Question 92 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 92
Topic #: 5
[All Series-7 Questions]

What is the term applied to a classification of CMO securities having a stated maturity, average life, and estimated yield?

Show Suggested Answer Hide Answer
Suggested Answer: C

it is unchanged. The debentures add to liabilities and to cash (an asset) received from the sale. There is no effect on net worth.


by Ardella at Jul 11, 2024, 05:32 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Truman
2 months ago
Ah, the age-old question: tranche, tier, bracket, or bucket? I'm going with tranche, because it just sounds more professional than 'bucket of bonds'.
upvoted 0 times
...
Denna
2 months ago
Tranche, without a doubt. Though I have to say, 'bucket' would have been a more fun answer. Who doesn't love a good bucket of CMOs?
upvoted 0 times
Amber
20 days ago
True, a bucket of CMOs does sound interesting.
upvoted 0 times
...
Dalene
22 days ago
But 'tranche' is the correct term.
upvoted 0 times
...
James
23 days ago
I agree, 'bucket' does sound more fun.
upvoted 0 times
...
Allene
1 months ago
Tranche, without a doubt.
upvoted 0 times
...
...
Elly
2 months ago
Tranche, for sure. I can almost picture the bond certificates with that label. Definitely the correct answer here.
upvoted 0 times
...
Blondell
2 months ago
Hmm, let me think... Ah, I got it! It's 'tranche'. Gotta love those structured finance terms, they're like a secret language.
upvoted 0 times
Krystina
28 days ago
It's always interesting to learn about the different classifications in the finance world.
upvoted 0 times
...
Helga
29 days ago
I agree, structured finance terms can be quite fascinating.
upvoted 0 times
...
Bettina
1 months ago
Yes, you're right! Tranche is the correct term for that classification.
upvoted 0 times
...
...
Estrella
3 months ago
Tranche, that's the one! I remember learning about those tranches in my CMO studies. Sounds fancy, right?
upvoted 0 times
Phil
2 months ago
Tranches help investors understand the maturity, average life, and yield of CMO securities.
upvoted 0 times
...
Alyce
2 months ago
It does sound fancy, but it's important to understand in CMO studies.
upvoted 0 times
...
Denna
2 months ago
Yes, tranche is the term used for that classification.
upvoted 0 times
...
...
Michael
3 months ago
I'm not sure, but I think it could also be tier because it relates to levels of securities.
upvoted 0 times
...
Bong
3 months ago
I agree with Theron, tranche makes sense for that classification.
upvoted 0 times
...
Theron
3 months ago
I think the term is tranche.
upvoted 0 times
...

Save Cancel