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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9 hours ago

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

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2 days ago

I think the prices were established by competitive bidding.

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