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?

Aby the FINRA

Bby the Federal Reserve Board

Cby competitive biding

Dby the terms of the bond

Show Suggested 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.

by Sheron at Mar 24, 2023, 06:14 AM

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James

14 days 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.

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Cherry

16 days 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.

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Johnathon

22 days 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.

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Kara

22 days 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.

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Marla

1 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.

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Nichelle

10 days ago

A) by the FINRA

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Eden

2 months ago

I'm not sure, but I think it could be determined by the Federal Reserve Board.

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Anika

2 months ago

I believe the prices were set by the terms of the bond.

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Paris

2 months ago

I think the prices were established by competitive bidding.

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