NO.133 Bubba buys a 5% bond that matures in 15 years with a 5.10 basis. How much did he pay for the bond?

NO.134 Which of the following is not in the subscription agreement for a limited partnership offering?

NO.135 Which of the following statements is not true about exchange traded options?

NO.136 Which of the following is a benefit of Section 8 low-income housing partnerships?

NO.137 What percentage load is associated with a mutual fund quoted 16.60-18.04?

NO.138 Which of the following is considered a firm quotation in the over-the-counter market?

NO.139 Municipal syndicate allocation procedures are described in which of the following?

NO.140 A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.
What is the subscription price per share?

NO.141 Bubba buys one XYZ November 65 call at $3 and one XYZ November 65 put at $2. XYZ is trading at $72.
The put expires and the call is closed at its intrinsic value.
What is the resulting profit?

NO.142 The FINRA markup policy requires that over-the-counter transactions with a customer be at:

NO.143 A large manufacturing company has current assets of approximately $9,400,000 and current liabilities of about $4,900,000.
Which of the following statements is true about the current ratio?

NO.144 The price an investor pays for a listed option is called the

NO.145 Revenue bonds are least likely to provide constructions funds for:

NO.146 A provision under which an underwriter can cancel a proposed public offering due to some unforeseen occurrence is known as a:

NO.147 How often must Investment companies issue financial statements to shareholders?

NO.148 A treasury obligation having no fixed rate of interest with a thirty-day maturity due April 22 is most likely a:

NO.149 What percentage load is associated with a mutual fund quoted 16.60-18.04?

NO.150 Bubba is age 54 and has investments in a retirement plan with his former employer valued at $104,500. Bubba withdraws $25,000 to open a retail clothing store.
Which of the following statements is true regarding Bubba’s tax consequences?

NO.151 In June, Bubba bought 100 shares of XYZ at $35. In November, he bought a listed put in XYZ with a $35 strike price and a July expiration for a premium of $600.
If Bubba sells the stock at $45 in July, what is his resulting tax liability for that transaction?

NO.152 Which of the following would not normally be a function of an investment banker?