Finra Series-7 Exam Dumps

Get All General Securities Representative Examination (GS) Exam Questions with Validated Answers

Series-7 Pack
Vendor: Finra
Exam Code: Series-7
Exam Name: General Securities Representative Examination (GS)
Exam Questions: 400
Last Updated: October 23, 2025
Related Certifications: General Securities Representative
Exam Tags: General Securities
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Free Finra Series-7 Exam Actual Questions

Question No. 1

Regulation A permits a short form of filing for offerings of new securities provided the total amount of the offering does not exceed:

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Correct Answer: B

$5,000,000. This is the maximum under Regulation A.


Question No. 2

The principal underwriter of an open-end investment company is frequently called:

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Correct Answer: B

sponsor. Also called the ''distributor'', these terms are interchangeable for an open -end investment company.


Question No. 3

Initial margin deposit minimum requirements are set by the:

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Correct Answer: C

FRB. The Federal Reserve Board sets the initial margin deposit requirements. The NYSE set the ongoing minimum equity requirements.


Question No. 4

The cost of maintaining an investment in a mutual fund is best reflected in the:

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Correct Answer: C

expense ratio. Custodial fees are negligible and the sales charge is a one-time expense. The ''best'' reflection of mutual fund costs is the expense ratio.


Question No. 5

XYZ Corporation earned $2 per share last year and is selling at $20 per share. If it earns $3 per share this year and its price/earnings ratio stays the same, its price will be:

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Correct Answer: C

$30. The current P/E is 10. If earnings are $3 and the P/E is still 10, the share price equals $30 ($3 x 10).


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