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Finra Discussions

Exam Series 7 topic 1 question 64 discussion

Actual exam question from FINRA's Series 7
Question #: 64
Topic #: 1
[All Series 7 Questions]

How much currency is one mil worth?

  • A. one-tenth of one cent
  • B. one-tenth of $1
  • C. one-tenth of $100
  • D. one-tenth of $1,000
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Suggested Answer: B 🗳️
one-tenth of one cent. A point equals $10 and a basis point equals ten cents.
by SoIarBeam at Dec. 12, 2023, 2:43 a.m.

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kdatany
4 months ago
Selected Answer: A
ANSWER IS A
upvoted 1 times
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SoIarBeam
4 months, 3 weeks ago
The correct answer is A.
upvoted 1 times
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SoIarBeam
4 months, 3 weeks ago
The answer description does not match the letter answer.
upvoted 1 times
...

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C (25%)
B (20%)
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