Q177. Which of the following must be true in order for an offering to qualify as an intrastate offering under Rule
147?

Q178. Which of the following is identified as a funded debt instrument?

Q179. Which of the following securities has the highest amount of market risk?

Q180. Which of the following is not provided for by Blue Sky laws?

Q181. After an extended period of backing and filling, a stock moves up sharply through a resistance level on heavy volume. A technical analyst would likely call this a:

Q182. Which of the following is not true about mutual funds and variable annuities?

Q183. An employer profit sharing plan may be described as:

Q184. When the Federal Reserve lowers reserve requirements, what is it attempting to do?

Q185. The initial Federal Reserve Bank margin requirement is set at 60% and Bubba purchases 100 shares of XYZ at $100 per share. He deposits $6,000 of the $10,000 purchase price in his account.
If XYZ increases in value to $150 per share, how much excess equity would Bubba have in his account?

Q186. Bubba is age 54 and has investments in a retirement plan with his former employer valued at $104,500.
Bubba withdraws $25,000 to open a retail clothing store.
Which of the following statements is true regarding Bubba’s tax consequences?

Q187. Bubba buys a 5% bond that matures in 15 years with a 5.10 basis. How much did he pay for the bond?

Q188. A registered representative is given a limited trading authorization by a client. This permits the representative to:

Q189. Municipalities are most likely to issue notes for which of the following purposes?

Q190. To accommodate a customer’s order to buy an over-the-counter stock, a broker/dealer is permitted to:

Q191. Bubba owns a perpetual warrant to buy one share of Internet Corporation common stock at $30. Internet Corporation stock is trading at 41.50 and is ex-dividend today at $0.75.
What is the market value of Bubba’s warrant?

Q192. Distribution from an IRA can begin at age 59½ and must begin by age:

Q193. The FINRA markup policy applies to:

Q194. Which of the following is available both to owners of stock and owners of limited partnership participations?

Q195. In mid-September, Bubba sells one XYZ February 50 call at $6. It subsequently expires without being exercised.
How is the premium taxed?

Q196. Common stocks for which of the following industries are most likely to decline in value when interest rates rise?

Q197. Which of the following securities has the highest amount of market risk?