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

Finra Exam Series-7 Topic 6 Question 67 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 67
Topic #: 6
[All Series-7 Questions]

Bubba wants to buy a US treasury bond with a bid of 97.28 and an asking of 98.2.

How were these prices established?

Show Suggested Answer Hide Answer
Suggested Answer: D

when the underlying stock price is rising. That's why the holder of this option wants to have a right to ''call'' the stock.


Contribute your Thoughts:

James
2 months ago
Hey Bubba, why don't you just ask the bond itself? I hear it's got a pretty sweet southern accent, might give you the inside scoop.
upvoted 0 times
...
Cherry
2 months ago
A) by FINRA, the financial ninja squad. They're the ones pulling the strings, making sure Bubba doesn't get too much of a bargain.
upvoted 0 times
Shenika
22 days ago
D) by the terms of the bond
upvoted 0 times
...
Ronny
25 days ago
B) by the Federal Reserve Board
upvoted 0 times
...
Justa
28 days ago
C) by competitive biding
upvoted 0 times
...
Jacklyn
1 months ago
A) by FINRA, the financial ninja squad. They're the ones pulling the strings, making sure Bubba doesn't get too much of a bargain.
upvoted 0 times
...
...
Johnathon
2 months ago
D) by the terms of the bond, easy peasy. Gotta read the fine print, Bubba! That's where they hide all the juicy details.
upvoted 0 times
...
Kara
2 months ago
B) by the Federal Reserve Board, of course! Those guys are the bond market whisperers, calling all the shots. Bubba's just along for the ride.
upvoted 0 times
Floyd
1 months ago
D) by the terms of the bond
upvoted 0 times
...
Sang
1 months ago
C) by competitive biding
upvoted 0 times
...
Diego
1 months ago
A) by the Federal Reserve Board
upvoted 0 times
...
...
Marla
3 months ago
C) by competitive bidding, duh! That's how all bond prices are set, right? Bubba's just gotta keep bidding until he gets that sweet, sweet treasury bond.
upvoted 0 times
Britt
1 months ago
C) by competitive biding
upvoted 0 times
...
Catherin
1 months ago
B) by the Federal Reserve Board
upvoted 0 times
...
Nichelle
2 months ago
A) by the FINRA
upvoted 0 times
...
...
Eden
3 months ago
I'm not sure, but I think it could be determined by the Federal Reserve Board.
upvoted 0 times
...
Anika
3 months ago
I believe the prices were set by the terms of the bond.
upvoted 0 times
...
Paris
4 months ago
I think the prices were established by competitive bidding.
upvoted 0 times
...

Save Cancel