FINRA SIE Exam Practice Test 9

1. What is the graph called that represents the relationship between a bond's term to maturity and its yield at a given point in time?

2. Which of the following mutual funds would be most likely to be passively managed?

3. An account in which customers with large portfolios pay a brokerage firm a flat annual fee that covers the cost of a money manager's services and the cost of commissions is called a __________ account.

4.

What is the current ratio?

5.

What is the book value per share?

6. Which of the following is the over-the-counter market?

7. Which of the following is an example of a limit order?

8. Which of the following is not required on an order ticket?

9. A stock trade executed on Friday, January 2, will settle on what date?

10. In 2020, what is the maximum contribution that a 45-year-old may make into a traditional IRA?

11. What is the maximum annual contribution amount allowed in a Coverdell Education Savings Account (CESA)?

12. What is the tax consequence to an individual over the age of 59 ½ who withdraws a lump sum from his 401(K)?

13. How are capital gains and losses inside an IRA reported on an individual's income taxes each year?

14. An individual converts his $100,000 traditional IRA into a Roth IRA just before a major market decline causes the value to drop to $50,000. This investor should _________________ the Roth IRA back to a traditional IRA to avoid paying taxes on the extra $50,000.

15. An option that is written against stock owned is a/an ____________ option.