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FINRA SIE Exam with 100% CORRECT ANSWERs

Study Material Feb 9, 2025
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FINRA SIE Exam with 100% CORRECT ANSWERs
Question : The redemption value of an open-end investment
company's shares is based on the:
previous offering price
previous closing NAV
NAV computed after the order is received
offering price computed after the order is received
CORRECT ANSWER: NAV computed after the order is
received
Question : The computation of dollar prices and accrued
interest on municipal bonds is normal on what calendar basis?
30/360
30/365
Actual/360
Actual/365
CORRECT ANSWER: 30/360

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