Free FINRA Series-7 Exam Questions

Become FINRA Certified with updated Series-7 exam questions and correct answers

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Total 405 Questions | Updated On: Apr 28, 2026

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Question 1

A financial institution requesting a quote on a block of 100 bonds from a dealer in

government securities receives a quote of 98.02 bid, 98.06 asked.

What is the dollar amount the institution will receive if the financial institution sells these

bonds to the dealer?’’

A : $98,062.50

B : $98,187.50

C : $98,250.00

D : $98,750.00

Answer: A

Question 2

Which of the following pays interest at maturity only?

A : corporate serial bond

B : treasury bills

C : come bonds

D : ries H savings bonds

Answer: B

Question 3

Bubba buys one XYZ September 50 call at $7 and sells one XYZ September 60 call at $3. At that time, XYZ stock is at $55. Bubba has no other stock positions. What is Bubba’s maximum possible profit?

A : $500

B : $600

C : $1,000

D : limited

Answer: B

Question 4

Which of the following activities by a limited partner may subject the partner to unlimited liability?

A : rticipating in management of the partnership

B : mmitting the partnership in any manner

C : king loans beyond those specified in the partnership agreement

D : l of the above

Answer: D

Question 5

Hypothecation usually refers to which of the following?

A : recasting the market based upon past performance

B : edging securities as collateral

C : termining a reasonable offering price for a new issue

D : ne of the above

Answer: B

Page: 1 / 81

Total 405 Questions | Updated On: Apr 28, 2026

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