Progress Exam 1 Flashcards
Current yield of preferred stock with dividend
Annual dividend/current MP
Can you use nonqualified deferred compensation as collateral
No sense because deferred comp is unfunded
What are characteristics of series K stock
Non-cumulative rate goes from six to floating. No voting rights.
Who approves tombstone ads
Municipal securities principal
Does common stock or preferred stock have a higher chance of capital appreciation
Common stock
A social network that permits real time communication is considered what kind of communication
Public appearance
Is a fund prospectus required to be kept on file
No not by bd
When a tractor buys and sells securities what form must be filed and when
Form form four be filed within two business days of when a director buys or sells
When someone becomes an insider what form do they file and how long do they have to file it
They file form three and within 10 days of becoming insider
How many Social Security numbers are reported on a joint account
One
Characteristics of a 401(k) and tax status
Funded with pretax dollars so 100% taxable when taken out. Has zero cost bassist and taxed at ordinary income
Does a broker dealer need to keep files of red herrings
No
What stock is more stable. Variable rate preferred or fixed rate preferred stock
Variable rate preferred stock
