Sunday, February 10, 2008

Whats the answer???

Can you answer the questions below? This is the type of questions that I will have to answer and pass for my series 7 exam at Merrill Lynch. It looks really hard. Anyways, give it a go and I will give you the answers in the post below this one.

  1. The American Stock Exchange is most commonly noted for which of the following securities that trade there?

  2. I. Oil and gas companies

    II. Foreign stocks

    III. Options

    IV. Dually listed NYSE stocks

    1. I and III

    2. I, II, and III

    3. I, III, and IV

    4. IV only


  1. Which of the following situations constitutes a dual listing for an underlying security?

    1. A stock listed on the NYSE and the AMEX.

    2. A stock listed on the NYSE and the OTC.

    3. A stock listed on the NYSE and a regional exchange.

    4. All the above choices represent a dual listing.

  2. Which of the following exchanges is representative of a major exchange in the United States?

    1. I only

    2. I and II

    3. I, II, and III

    4. All of the above

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