Series 7 Exam: 1001 Practice Questions For Dummies

Prep for the Series 7 like a seasoned pro with this huge collection of practice questions and answer explanations

Heads up, prospective Series 7 takers! Word is out that this popular exam’s latest update made it a lot tougher. But don’t sweat it. With the newly revised second edition of Series 7: 1001 Practice Questions For Dummies you’ll get all the practice you need to maximize your chances of acing the test your first time around.

This book shows you where your knowledge is strong and where you need work, letting you focus your efforts where they will make the most difference. Here’s what’s included:

• 1001 realistic and challenging practice questions with detailed answer explanations
• Coverage of every domain and competency tested on the exam
• New questions comprehensively aligned with the latest version of the Series 7 exam

A must-have study aid perfect for anyone ready to take their next step on the road to a new career in securities trading, Series 7: 1001 Practice Questions For Dummies will help you banish test anxiety, improve your odds on the exam, and give you all the tools you need to succeed.

Steven M. Rice is a partner and instructor at Empire Stockbroker Training Institute, one of the country’s leading schools for training to the securities industry. Steven is the author of Series 7 Exam For Dummies, SIE Exam For Dummies, and SIE Exam: 1001 Practice Questions For Dummies.

Introduction 1

Part 1: Practicing the Questions 3

Chapter 1: Underwriting Securities 5

Chapter 2: Equity Securities 15

Chapter 3: Corporate and U.S. Government Debt Securities 25

Chapter 4: Municipal Bonds 39

Chapter 5: Margin Accounts 59

Chapter 6: Packaged Securities 67

Chapter 7: Direct Participation Programs 79

Chapter 8: Options 85

Chapter 9: Portfolio and Securities Analysis 107

Chapter 10: Orders and Trades 119

Chapter 11: Taxes and Retirement Plans 129

Chapter 12: Rules and Regulations 141

Part 2: Checking Your Answers 161

Chapter 13: Answers and Explanations 163

Index 347

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