Series 7 - General Securities Representative Exam
Which of the following BEST describes a purpose of a syndicate bid?
It helps to stabilize the price of a security in a primary offeringA
It helps to stabilize the price of a security in a secondary offeringB
It helps to add volatility in an otherwise quiet marketC
It helps mutual funds to peg the per share amount of the Net Asset Value (NAV)D
The syndicate bid applies to secondary offerings; not primary offerings. It does not add volatility to a market and may help reduce it. It is used by the syndicate in a new secondary offering, not mutual funds.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625