In order to become a stockbroker and sell securities, you mustfirst pass the Series 7 exam--a 6-hour, 250-questionmonstrosity. Unlike many standardized tests, the Series 7 exam isharder than it seems, and people who score below 70% must retakethe test, having to wait at least a month before retaking it andpaying hefty registration fees.
Luckily, there's Series 7 Exam ForDummies--the perfect guide that not only shows you how tothink like a financial advisor but also like the test designers.Rather than an all-encompassing, comprehensive textbook, this guidecovers only what's on the test, offering formulas, tips, andbasic info you need to study. It empowers you with the ability tothink each problem through and get to the bottom of what'sbeing asked, providing you with everything you need and want toknow about:
* Distribution of profits
* Types of securities offerings
* Investing in all types of stock
* Bond types, prices, yields, and risks
* Handling margin accounts
* Characteristics of different investment companies
* Direct Participation Programs and other types ofpartnerships
* Option selling, buying, and trading
* Security analysis and security markets

Packed with valuable information and know-how, this no-nonsenseguide provides a full-length practice exam with answers andexplanations. A bonus CD with another simulated practice test isalso included. Whether you're preparing to take the test forthe first time or the fourth time, Series 7 For Dummies isthe book for you!

Note: CD-ROM/DVD and other supplementary materials arenot included as part of eBook file.