Series 7 Exam Question 142: Answer and Explanation

Question: 142

Bearer bonds must be delivered in denominations of

I. $1,000

II. $5,000

III. $10,000

IV. $50,000

• A. I or II
• B. I or III
• C. II only
• D. I, II, III, or IV

Correct Answer: A

Explanation:

A. Bearer bonds must be in denominations of $1,000 or $5,000 per certificate.