Contributions are tax deductible, subject to a modified AGI phaseout.
Contributions to an ESA are not tax deductible.
Reference: 11.2.5.1 in the License Exam Manual
for the underlying XYZ stock, more puts than calls are being traded
The ratio is a measure of puts traded to calls traded and is calculated by dividing the number of traded puts by the number of traded calls (puts � calls). As the ratio increases, it refl
Investment-grade municipal bond.
Municipal bonds provide tax-exempt interest payments and, consequently, offer lower yields. Because earnings in a qualified retirement plan account grow tax deferred, the municipal bond is not a suitable investment. In add
The original beneficiary's younger sister.
There are few restrictions on who may be the first beneficiary of a Section 529 plan. However, if the beneficiary is redesignated, the new beneficiary must be a close family member of the first.
Reference: 11.2.5
0.01.
Automatic exercise will occur for equity options at expiration that are in-the-money by at least .01, unless specific instructions are given by the customer not to do so.
Reference: 4.6.1.4 in the License Exam Manual
The representative should remind the customer that he signed a letter of intent 12 months ago.
A letter of intent must be met with dollars invested within 13 months. The customer needs to invest an additional $7,000 to fulfill his letter of intent. The re
1.6 million shares and 800,000 warrants.
Warrants may be distributed to stockholders in an underwriting as part of a unit. The warrant is a form of bonus to entice investors to purchase the unit. As each unit contains 2 shares, 1.6 million shares are bein