Typically, a municipality planning to issue a series of revenue bonds will:

Select an underwriter or a group of underwriters and negotiate the terms of the underwriting

Solicit sealed competitive bids from potential underwriters

Name a trustee and join a syndicate to sell the bonds

Select an underwriter or a group of underwriters and negotiate the terms of the underwriting

Prepare a prospectus to give to potential investors

You purchase 8 City of Reno 4% bonds on Friday, May 17 which last paid interest on February 1st. How much in accrued interest must be paid, and who pays it? Assume the bond has a $1,000 par value.

Your broker debits your cash account for $97.78.

Your broker debits your cash account for $95.56.

Your broker credits your cash account in the amount of $98.67.

Your broker debits your cash account for $97.78.

Your broker credits your cash account in the amount of $95.56.

The formal name for the document casually known as the "red herring" is:

the statement of additional information

The CUSIP number is a:

universal security identification number

way of tracking how many shares of stock have been issued

universal security identification number

unique identifier assigned to each broker-dealer

Series 7 Sample Quiz

FINRA General Securities Representative Exam

Number of Questions	10
Time Duration	Untimed
Answer Feedback Instant validation and rationale
Percentage required to pass	72%

Start Test

Full line of Ignore me products

Site Login

TESTIMONIALS

What are people saying?

I passed the Series 65 on the first try and I would absolutely give credit to this tool. We all learn in vastly different ways, so having the options available for a study guide, audiobook, video training, flash cards, practice tests - and ALL of the other resources available was critical to my success. I've been out of school for over a decade and remembering HOW to study was hard. I'm so glad I had all of these options.

Ashley Dunning, Inspire Investing. Kansas City, MO

I failed the Series 52 twice and thought my troubles were with retention, but they were with the practice. I used a competitor's materials and it lacked depth and above all else it lacked a large test bank of questions. With Solomon, I went from feeling unable to fully assess all of the answers on the actual exam, to knowing why an answer was right AS WELL AS knowing why the other 3 answers were wrong. This is an underappreciated aspect of test taking that was only achieved through repetition of different questions. Solomon's large test bank was invaluable and the ability to take practice exams with only the questions you previously got wrong is a fantastic addition.

Justin Ratti, Investment Banking, Charlotte, NC

Your exam prep is the best! Passed both the 6 and 63 using Solomon and I recommend it to everyone.

Karen, Colorado Springs, CO

Passed the 24 today ... fun test.. You have a great product. The material was easy to follow and the practice tests were very, very helpful. Thank you.

Danny Klingler, Kestra Financial, Austin, Texas

The Solomon Exam Prep Series helped me pass the Series 6 the first time. I used the 4 week time frame and it helped keep me on track to get the test completed when I wanted. I even received a phone call from Jeremy Solomon, the president of the company. He gave me pointers on how to study and prepare for the exam. I was also able to submit questions and get answers almost immediately. Thanks again.

Cathy Roeber, WoodmenLife, West Point, NE

I sat for the Series 99 and passed on my first attempt! I am thankful for the Solomon Exam preparation. The four-week study schedule was a life saver. I recommend using the Solomon products to prepare for any Series exam.

Cachet Johnson, PNC, Cleveland, OH