Series 7 Study Guide Book and Audio Lessons or Lessons 1-10
This is a bundled purchase if Series 7 Audio lessons 1-10 and the 95 page written companion book.
The audio lessons consist of a 234 min mp3 file which covers:
Series 7 Study Guide Audio Lessons 1 to 10
These are the Series 7 lessons 1-10.
Series 7 Podcast Episode 1 Introduction to the Series 7 Exam
Series 7 Podcast Episode 2, Common Stocks
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.
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
Series 7 Podcast Episode 3, Preferred Stocks
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
Series 7 Podcast Episode 4, Special Securities
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.
Series 7 Podcast Episode 5, Fixed Income pt. 1
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.
Series 7 Podcast Episode 6, Fixed Income pt. 2
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
Series 7 Podcast Episode 7, Fixed Income Part 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
Series 7 Podcast Episode 8, Municipal Debt
Understanding Municipal Bonds on the Series 7 Exam - One of the keys to passing the series 7 exam is to make sure that you have a complete understanding of how municipal bonds will be tested on the Series 7 Exam. This Podcast is about Municipal After listening to this series 7 audio lesson you should understand:
The characteristics of municipal bonds
Taxation of municipal bonds
registered book entry and bearer bonds
What is a legal opinion and what is in it
What’s an unqualified opinion
What’s up qualified opinion
How are municipal bonds usually issued serial bonds
What are general obligation bonds
What a revenue bonds
What is a feasibility study
What is the trust indenture
what is a bond contract
What are protective covenants and name some of them
How do you analyze in this civil bond debt
What are the special types of the Municipal debt
What secures a municipal bond if it’s a general obligation bond
And what secures a Municipal bond on a revenue bond
What are short-term Municipal bonds
What is a RAN
What’s a TAN
What’s a step up step down or seven-day floater
What are redemption provisions what’s an optional redemption
A mandatory redemption and extraordinary optional redemption
Extraordinary mandatory redemption
What is refunding
What insurance companies insure municipal bond debt
How are Municipal bonds traded
What are the three tiers of bonds for tax exempt purposes
Where do you get information on Municipal bond quotes
What is positive carry and negative carry
Series 7 Podcast Episode 9, Money Market
In this podcast we discuss what you need to know about Money Market instruments
Topics covered include:
The role of the Federal Reserve
Open market operations of the Federal Reserve
Repurchase agreements and reverse repurchase agreements
LIBOR
The Fed funds rate
Overnight repurchase agreements
Euros dollars
Money market instruments
And many more insights.
Series 7 Podcast Episode 10 Options part 1 Puts and Calls
What are options? Puts, Calls, in the money, out of the money, time value and intrinsic value. I discuss these topics and terms in this podcast.
©2013 Series 7 Podcast, All Rights Reserved
The written companion book is a 95 page written companion to the Series 7 Audio Lessons it is an easy to read edited transcription of the audio lessons with some added material.
TABLE OF CONTENTS
Lesson 1: Introduction to the Series 7 Exam……………………………4
Lesson 2: Common Stocks………………………………………………..7
Lesson 3: Preferred Stocks……………………………………………….21
Lesson 4 Special Securities (Warrants, Rights, ADRs)………..……....30
Lesson 5: Fixed Income…………………………………..……………….35
Lesson 6: Fixed Income, Pt. 2…………………………………………….44
Lesson 7: Fixed Income, Pt. 3…………………………………………….55
Lesson 8: Money Market…………………………………………………..67
Lesson 9: Municipal Debt………………………………………………….75
Lesson 10: Options, Pt. H (Puts and Calls)……………………………...89