FINRA SIE Q&A - in .pdf

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  • Exam Code: SIE
  • Exam Name: Securities Industry Essentials Exam (SIE)
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NEW QUESTION: 1
Which of the following does not include the steps of the safety assessment method?
A. Penetration test I-
B. Manual audit
C. Data analysis
D. Questionnaire survey
Answer: C

NEW QUESTION: 2
A network technician is segmenting a network to allow for unauthenticated public connections to a server. Which of the following devices would BEST safeguard the internal network from the public facing server?
A. Proxy server
B. Router
C. Layer 3 switch
D. Firewall
E. Intrusion detection system
Answer: D

NEW QUESTION: 3
View the Exhibit and examine the structure of the PROMOTION table.
You have to generate a report that displays the promo named start data for all promos that started after that last promo in the 'INTTERNET' category.
A. SELECT promo_neme, promo_being_date FROM promotions
WHERE promo_being_date > All (SELECT promo_beinjg-date
FROM promotions
WHERE promo_category ='INTERNET' );
B. SELECT promo-name, promo-being_date FROM promotion
WHERE promo-being-date IN (SELECT promo_biing_date
FROM promotions
WHERE promo_category='INTYERNET');
C. SELECT promo-name, promo-being _date FROM promotions
Where promo_being_data >ALL (SELECT MAX (promo_being-date)
FROM promotions ) AND
Promo-category ='INTERNET';
D. Select promo_name, promo_being_date FROM promoptions
WHERE promo_being_data > ANY (SELCT promo_being-date
FROM promotions
WHERE promo_category = 'INTERNET'
Answer: A

NEW QUESTION: 4
Rollins Corporation is constructing its MCC schedule. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for $1,000. The firm could sell, at par, $100 preferred stock, which pays a 12 percent annual dividend, but flotation costs of 5 percent would be incurred. Rollins' beta is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent. Rollins is a constant growth firm, which just paid a dividend of $2.00, sells for $27.00 per share, and has a growth rate of 8 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus- risk-premium method to find k(s) (component cost of retained earnings). The firm's net income is expected to be $1 million, and its dividend payout ratio is 40 percent. Flotation costs on new common stock total 10 percent, and the firm's marginal tax rate is 40 percent. What is Rollins' cost of preferred stock?
A. 12.0%
B. 12.6%
C. 11.0%
D. 10.0%
E. 13.2%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
K(ps) (cost of preferred stock) = $12/$100 (0.95) = 12.6%.

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