Valid Series-7 Dumps shared by ExamDiscuss.com for Helping Passing Series-7 Exam! ExamDiscuss.com now offer the newest Series-7 exam dumps, the ExamDiscuss.com Series-7 exam questions have been updated and answers have been corrected get the newest ExamDiscuss.com Series-7 dumps with Test Engine here:
Big Guns Municipal Bond Dealer Corporation buys 100M of 7% 20-year GO bonds at par. The bonds are marked up and immediately re-offered for sale. Which of the following re-offering prices would probably be deemed excessive?
Correct Answer: D
Explanation/Reference: Explanation: 5.00% net. The other quotes indicate moderate markups over cost. A quote of 5% net indicates a large markup and a price not "reasonably related to the market". The dollar price would be about $125, a 25% markup over the dealer's cost.