Series 65 Exam Prep - Practice Test Explicated. Hit pause, answer, hit play. скачать в хорошем качестве

Series 65 Exam Prep - Practice Test Explicated. Hit pause, answer, hit play.

Series 65 Playlist    • Series 65 Investment Advisor Represen...   Math for Questions 104, 105, 112, 113, and 128 found in this description 1. D. Tools of the Fed 2. B. Business cycle 3. A. Business cycle 4. C. Inflation 5. D. borrowing cost 6. A. Real rate of return 7. B. Balance sheet 8. C. Assets 9. A. Working capital 10. B. Dividend payout ratio 11. A. Head and shoulders charting pattern 12. B. Present value will not have to calculate just be able to recognize formula 13. C. Mode 14. B. Conservative investor wants least amount of volatility. The higher the standard deviation the higher the volatility. GRW has the amount variance from its mean and therefore be LEAST appropriate. 15. A. Systematic risk 16. C. Business risk 17. D. Rising interest rates 18. A. Bullet bond strategy 19. C. Liquidity risk 20. A. Money market 21. C. CDs 22. D. Treasury securities 23. B. TIPs 24. D. GNMA 25. C. Conversion ratio 26. A. Municipal bonds 27. D. Liquidation priority. Senior securities and junior securities 28. C. Credit ratings 29. B. Bond at a premium 30. A. YTM 31. C. Common stock 32. A. Preferred stock 33. B. Convertible preferred stock 34. D. Emerging markets 35. B. Incentive Stock Option 36. D. Defensive Industry 37. B. Economic indicators 38. A. Closed end fund 39. D. Calculating NAV 40. C. UITs 41. B. REITs 42. A. ETFs 43. D. Inverse relationship of bonds and interest rates 44. B. In the money option 45. A. Hedge fund 46. D. Limited partnership 47. C. Variable annuities 48. B. Equity Index Annuities reset 49. A. Variable annuity 50. C. Annuity payout 51. D. Investment Advisor Act of 1940 52. A. Release 1092 53. C. Act of 40 54. A. IA state registration 55. A. IAR 56. C. Place of business 57. A. IAR 58. D. IAR termination 59. D. Principal 60. B. Dealers 61. C. Broker 62. C. Issuers 63. B. Agent 64. C. Municipal dealer 65. D. Registration as an agent 66. D. Employee of the issuer 67. B. Definition of a security 68. A. Nonexempt transactions 69. C. Secondary transaction 70. B. Primary transactions 71. D. Administrator's order 72. A. Registration of a security 73. B. Broker/dealer net capital 74. A. Summary order 75. B. State covered advisor 76. A. Act of '33 77. C. Passive versus active management 78. D. Opportunity cost 79. A. IAR 80. C. Fees for investment advisory 81. A. Soft dollar compensation 82. B. Soft dollar compensation 83. C. Fee deduction 84. A. Discretionary trading 85. B. Fiduciary 86. C. ERISA 87. C. Suitability 88. A. USA 89. B. Insider trading 90. B. Fictitious accounts 91. B. Individual account 92. C. General partner 93. A. Limited partner 94. A. Pass through business structures 95. D. Financial profile 96. D. Non-financial considerations 97. B. Risk tolerance 98. C. Life insurance 99. B. Modern Portfolio Theory 100. D. Efficient portfolio 101. C. Efficient market hypothesis 102. C. Valuation ratios 103. B. Strategic asset allocation 104. A. Initial portfolio $80,000 55% Equity, $44,000/45% Debt, $36,000 Portfolio increased to $105,000 66% Equity, $69,000/34% debt, $36,000 Target portfolio after rebalancing $105,000 55% equity, $58,000/45% debt, $47,000 Equities $69,000-$58,000=$11,000 105. C. Original total asset value of the portfolio $150,000 stocks $110,000/remaining $40,000 in debt stock portion increases to $135,000 $135,000-$110,000=$25,000 stock increase constant dollar goal of $11,000 must sell off $25,00 in stock gains and reinvest in debt $40,000 in debt + $25,000 = $65,000 in debt Adjusted total value is $175,000 stocks $110,000/ remaining $65,000 in debt 106. A. Active portfolio management 107. C. Growth manager 108. D. Correlation 109. B. Dollar Cost Averaging (DCA) 110. C. Progressive taxes 111. A. Marginal tax rate 112. D. stock sales proceeds - cost basis = capital gain $8,925 - $7,290 =$1635 113. B. $12,755,000- 1,697,671 (funeral expenses and debt) = 11,057,329 114. C. Funding an IRA 115. D. Roth IRA 116. A. 403b 117. B. Uniform Prudent Investors Act 118. B. ERISA 119. C. ERISA 120. A. Coverdell 121. C. Advertisements' 122. A. College Savings plan 123. D. 529 124. C. Limit orders 125. B. OTC market 126. Quote STUPID!! 127. Real rates of return 128. A. (.37X9%) + (.24X17%) + (.55X12%) = 3.33% + 4.08% + 6.6% = 14.01% 129. C. IRR 130. YTM in relationship to CY