Finra Exam Series-7 Topic 7 Question 105 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 105
Topic #: 7

[All Series-7 Questions]

In a firm commitment offering, any shares that are not sold are:

Areturned to the issuing corporation

Blisted in the over-the-counter market

Ctransferred to treasury stock

Downed by the members of the syndicate

Show Suggested Answer

Suggested Answer: A

$0.45. Since treasury stock does not receive dividends, divide $450,000 by the outstanding 100,000 shares to arrive at $0.45 per share.

by Asuncion at Jan 10, 2025, 06:33 PM

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1 days ago

I think the answer is A) returned to the issuing corporation.

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