Practice Quiz

FINRA Series 7 Exam Prep

Category - Series 7

Start a Study Session Sign up for Question of the Day
Which of the following does not affect the public offering price of a new issue?
  1. anticipated earnings of the issuer in the next year
  2. dividend projections for the next year
  3. the book value of the issuer
  4. the selling group’s determination of value in the prevailing market conditions
Explanation
Answer: D - the selling group’s determination of value in the prevailing market conditions. The offering price is determined by factors related to the issuer.
Previous Next
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz