Series 7 Exam Question 6: Answer and Explanation

Question: 6

If a new issue will be offered to the public at $14.00, all of the following are acceptable stabilization bids EXCEPT

• A. $13.80
• B. $13.90
• C. $14.00
• D. $14.10

Correct Answer: D

Explanation:

D. Stabilization bids may only be entered at or below the public offering price. Therefore, answer D won't work.