NO.140 Distribution from an IRA can begin at age 59½ and must begin by age:

NO.141 A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.
How many rights will the corporation distribute to its shareholders?

NO.142 What is the maximum amount of gift to customers or other individuals related to the securities business that a registered representative is permitted to give?

NO.143 Bubba purchases 100 shares of XYZ at 78 and, on the same day, writes 1 XYZ October 80 call for a premium of 4. If the option expires unexercised, what is Bubba’s profit on the 100 shares of stock?

NO.144 Bubba Corporation has a registered public offering of 500,000 shares at $36. Of these, 300,000 shares were authorized by unissued and 200,000 shares were sold on behalf of an affiliated person.
What is evident from this information?

NO.145 Which of the following does not affect the public offering price of a new issue?

NO.146 Big Easy Investment Banking, Inc., is participating in an Eastern account underwriting of $10 million of municipal bonds by agreeing to underwrite 10% of the issue. One week later, $4 million remains unsold but Big Easy has distributed $1.5 million of bonds.
What is the liability of Big Easy remaining in the account?

NO.147 A bank or trust company that is acting as custodian for a mutual fund does which of the following?

NO.148 The Bubba Corporation has 900,000 of common outstanding and holds 100,000 shares as treasury stock. At the end of the third quarter $450,000 is distributed as a dividend on the common.
How much is the dividend per share?

NO.149 When a corporation issues a nonconvertible debenture, what is the effect upon its net worth?

NO.150 CMOs are sold and priced based upon which of the following:

NO.151 Which of the following securities has the highest amount of market risk?

NO.152 Who owns a corporation?

NO.153 Under the Investment Company Act of 1940, what is the minimum net worth of a registered investment company?

NO.154 In which of the following situations may exemption from compliance with Regulation T be granted?

NO.155 Which of the following does not describe an underwriting procedure?

NO.156 Bubba buys a US treasury bond. The interest he earns is: