Series 7 Exam; Series 7 Study Guide Lessons and Information

The full 1 hour video that covers this topic is available for $4.99 at: Series 7 Podcast Video Episode 6 Fixed Income Pt 3 After listening to this podcast you should understand the following concepts: US treasury notes, treasury bills and treasury bonds How are they traded Hybrid treasury securities such as STRIPS, and how are they created Why would STRIPS be more volatile than regular bonds What’s another common name for STRIPS What’s the Federal Farm Credit Consolidated system Banks for Cooperatives What is a Federal Housing Finance Agency and how did it come about What are the 12 Federal Home Loan Bank’s and what do they do What is the Resolution Trust Corporation why did it come about What is a Troubled Asset Relief Program and how did it come about What Are TIPS CATS and TIGRS US Government Agencies What are Federal Land Banks What are Federal Intermediate Credit Banks What are Ginnie Mae’s What are collateralized mortgage obligations and the various tranches and what do they mean What is the student loan marketing Association How do you calculate interest on treasury bonds and treasury notes What are the advantages of CMO’s

In this episode we continue the study of the world of fixed income investments. Who are the issuers of fixed income securities? How do they differ? You should have an understanding of the following concepts after listening to this: US Treasuries Agencies, GNMA, FNMA, Salliemae Call features Sinking funds Convertible Debt Diluted Earnings Per Share Yellow sheets NYSE Dealer paper Direct paper OTC Quote services, Bloomberg Trace: Trade Reporting and Compliance Engine (2004) What is commercial paper, and how is it priced What does trading flat mean When buying a bond. How do you calculate accrued interest payable to the Seller. What is a odd first payment on a new issue What is regular way and cash settlement How is corporate debt traded, over-the-counter, dealer paper, direct paper, NYSE, TRACE Retirement of debt, sinking fund, tender offer, refunding, maturing, Anti-dilutive covenants Dilution of earnings with the convertible bond issue How are government bonds, quoted, corporate bonds, quoted, and municipal bonds, quoted Parity on the convertible bond

We delve into the world of fixed income investments. What is a fixed income investment, how does it differ from and equity, what are the characteristics, yield , par and maturity? What is a zero coupon bond, a series issue, a serial issue and how do interest rate movements effect the secondary prices of fixed income securities? We discuss these concepts and others in this podcast.

What is the difference between a warrant and a right, what is a ADR and what are the differences between as sponsored and a non-sponsored ADR.  We discuss these questions in this podcast.

After listening to this episode you should understand the following concepts: Preferred Stock Pfd Par vs. common par Cumulative Non Cumulative Voting Rights? Preemptive rights? Senior to? Call features What is major factor relating to market price Taxation of dividends for corporations Current Yield Interest rate movements Convertible Preferred Conversion Ratio Parity Price Bonds vs. Preferred Forced Conversion Adjustable Rate Preferred Participating Preferred Goal of adjustable or variable rate preferred stock

We talk about what is covered in the Series 7 examination.  Specific areas the questions cover and what needs to be mastered in order to pass the Series 7 examination. Be sure to sign up for your free study outline at www.series7podcast.com

We discuss how common stocks are created, the rights and terms that describe common stock such as preemptive rights, cumulative voting, and various terms that must be understood in order to pass the FINRA Series 7 Examination. If you would like to purchase the full 37 min. video that covers the topic of common stocks and what you would need to know on this topic for the series 7 examination. The suggested price for the video is $4.99. However, you may pay what you think it is worth by clicking the link below. Series 7 Podcast Video Episode 1 Common Stocks Be sure to sign up for your free study outline. at http://www.series7podcast.com After listening to this episode you should understand the following concepts: How a stock created. What is the difference between part, and no par stock. What are rights issues What are the terms associated with a rights offer. What are the formulas used to calculate the value of a right. What is a registrar. What is a transfer agent. What do the stockholder records show and when do you have a right to inspect the stockholder records What is authorized stock. What is issued stock. What is treasury stock Is treasury stock used in the calculation of earnings per share? What are physical and book entry certificates. What is statutory voting. What is cumulative voting. What are proxies. What are the corporate distribution procedures. Declaration date Record date Payable date preemptive rights What are the various stockholder rights, including The right corporate distributions. Preemptive rights. Right Corporate assets upon dissolution. Right to inspect records and books. Right to vote Items that require a stockholder vote

This is the introduction podcast of a series of podcast designed to help in the preperation to take the Series 7 examination. This site is designed for the training of financial professionals preparing for the series 7 examination.  The podcast will contain short  audio segments of key concepts necessary to pass the series 7 examination as well as written material which is to be studied.  Both the audio portion and the written portion are designed to be used in conjunction for your preparation to take the series 7 examination.  Your success is a short, if you follow the step-by-step instructions contained in this website and are diligent in your study and have normal intelligence. The audio portion of this instruction set can be downloaded into your MP3 player or smart phone.  And it can also be subscribed to in iTunes by searching for “Series 7 Podcast”