美国寿险经纪执照考试S6_1 Question.pdfVIP

/online/qbank/print-test?usertestid=6134764 QBank Printable Exams - 1 Question 1 - #6326 Which of the following statements regarding a closed-end investment company is TRUE? A) New shares are constantly offered to the public. B) The shares are sold at a current market price. C) The shares are redeemable. D) The number of outstanding shares is constantly changing. Question 2 - #6288 In which of the following prospectus offerings could a Series 6 limited representative participate? I. Bond offering by CNY, a manufacturing company. II. Initial public offering by KLP, a closed-end investment company. III. Variable annuity offered by an insurance company. IV. Common stock offered by an insurance company. A) I and III. B) I and IV. C) II and III. D) II and IV. Question 3 - #6618 An investor put $400 a month into a contractual plan of a mutual fund for 12 months and wants to terminate the plan. If the fund used a 20% spread load the first year, and the current value of the account is $3,000, how much will the investor receive on termination of the plan? A) $0.00 B) $4,680.00 C) $3,000.00 D) $3,690.00 Question 4 - #6886 When a customer receives payment during the annuity period of a variable annuity, which of the following is TRUE? A) All withdrawals are tax free. B) Only the amount that represen