Series 7: General Securities Representative Qualification Examination (GS) Price Practice Questions
The free Series 7: General Securities Representative Qualification Examination (GS) questions that deal with price, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #3
A firm receives a large order to buy securities at a set price. What is this type of order called?
Correct answer: D
Explanation
A limit order specifies a price at which the trade must be executed.
Question #9
A company's price-to-earnings (P/E) ratio is significantly higher than its industry average. What might this indicate?
Correct answer: A
Explanation
A high P/E ratio may indicate an overvaluation of the company.
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