Series-7 Exam Dumps - Series 7 General Securities Representative Qualification Examination (GS)

securities backed by the general credit of the issuers but no specific collateral. And in the case of some issuers, that may be fairly worthless.

US treasury bills. T-bills are purchased at a discount and do not have interest coupons. When surrendered, the par value is paid at maturity. All the other choices, if they are paying any interest, pay throughout the term of the issue.

an offering scale of serial maturates. The scale is set by the successful bidder.

granting of power of attorney to the limited partners. The other three choices are in the subscription agreement. Power of attorney is granted to the general partner, not the limited partners.

regulated. Investment companies regulated by the Internal Revenue Code Subchapter M are required to pay out a minimum of 90% of their net income annually to their shareholders.

that the stated yield is an estimate that may vary passed upon prepayments and market factors. The only guarantee is that nothing is guaranteed, especially the yield.

a share in the profits from earnings. Both shareholders and limited partners share in the profits from earnings.

a SIMPLE. IRAs are for any individuals, not just small employers. The other choices do not exist.