SIE 無料問題集「FINRA Securities Industry Essentials Exam (SIE)」

（A）Their price will depreciate in value.

（B）Their price will revert to par value.

（C）Their price will remain constant.

（D）Their price will appreciate in value.

（A）The estimated average life of the CMO expressed in years and months

（B）The yield a customer should expect if the CMO is held to maturity

（C）The method of underwriting used by the issuer to securitize the loans in the portfolio

（D）A slice of the investment representing a coupon rate, maturity date, and credit rating

（A）The account is held at a broker-dealer that is separate from the insurance company, thereby allowing tax-deferred investments in all types of securities products.

（B）The account is managed by a third-party custodian and is, therefore, subject to lower management fees than those charged by the insurance company.

（C）The account represents the indebtedness of the insurance company that is subordinated to the claims of general creditors and, therefore, offers investors a higher rate of return.

（D）The account is held separately from the insurance company's general account and, therefore, is protected from the claims of general creditors of the insurance company.

（A）Market manipulation

（B）Freeriding

（C）Interpositioning

（D）Backing away

（A）A real estate investment trust (REIT)

（B）A C corporation

（C）An S corporation

（D）A limited liability company (LLC)

（A）The RR is prohibited from soliciting business but is permitted to accept unsolicited orders.

（B）The RR is prohibited from employment by a member firm in any registered capacity but is permitted to be employed in an unregistered capacity.

（C）A statutory disqualification, although reportable to CRD, does not affect employment in the securities industry.

（D）The RR is prohibited from any association or employment with a member firm unless he obtains a waiver.

（A）Fluctuating market conditions

（B）Changes in the death benefit

（C）Changes in the beneficiary

（D）Contingent deferred sales charges

（A）Inflation

（B）Marketability

（C）Overweighting

（D）Interest rate risk

（A）ETF expense ratios are generally lower than those of mutual funds.

（B）ETFs are offered with front-end or back-end loads.

（C）ETFs are purchased and sold daily at net asset value (NAV).

（D）ETFs are not permitted to be purchased on margin.

（A）Purchase shares of other microchip companies in the technology sector.

（B）Buy more shares of the microchip companies already in his portfolio.

（C）Sell holdings that are unaffected by the regulatory changes.

（D）Purchase holdings uncorrelated to the technology sector.