One would experience a holding period return which exceeds a bond’s yield to maturity:

When considering some of the benefits of investing in a variable annuity, which of the following statements in not untrue?

As an IAR, you have constructed unique portfolios for a number of your wealthier clientele.  The allocations in the four portfolios are 50-50 stocks/bonds;   30/70 stocks/bonds;  10/90 stocks/bonds;  and  0/100 stocks bonds.  The portfolios have achieved an average return of  15.8%, 16.4%,  15.5%, and 15.2% respectively.  Their standard deviations are:  11.25; 10.75; 10.15 and 10.35.  Which one of these portfolios would you expect to experience the lowest volatility in the coming year?

Choose from the following a substantial benefit of adding emerging industry common to a client’s portfolio.

The term ‘derivative’ is used in describing a number of financial instruments, but generally is not used to describe:

The Federal Reserve has a variety of monetary policy tools to influence the US economy. Which of the below are included?

I. Open market operations

II. Discount rate

II. Fed Funds rate

IV. Reserve requirements

In which of the following option positions has the client established an obligation to purchase the underlying instrument?

An exemption from registration may be granted under the USA to each of the following securities with the exception of:

Of the many financial ratios used by securities analysts, the one which best measures a corporation’s ability to cover its current liabilities over the next 3 to 6 months would be:

When it concerns the method of being given discretionary authority over a client’s account, broker-dealers and investment adviser firms require the limited trading authorization form to be signed, dated, and delivered to the firm. Which of the following are not correct?