Series 7 Exam: Don't over complicate this Question

In this video, we'll break down a tricky Series 7 exam question so you don't overthink it. Simplify your approach and ace that bond question with ease!
Capital Advantage Tutoring channel (#1 channel for SIE ands Series 7 Exam ) on UA-cam over 300 videos to help you pass the FINRA and Nasaa exams
Give Achievable a try (FREE TRIAL) achievable.me/...
If you are looking for a Series 7 top off tutor please visit
www.series7exa...
Or check out Michael Weiss ( great tutor )
www.series7exa...
For a 15% discount on STC materials
www.stcusa.com...
Try Kindle Unlimited for free ( 30 days)
amzn.to/3zRo9hA
Join this channel to get access to perks:
/ @series7exam
Series 7 for Dummies--amzn.to/36lmX7r
Series 7 for Dummies Questions -- amzn.to/352vDiK
Series 6 questions-- amzn.to/2ToH01j
Series 6 book by Wiley -- amzn.to/2wpInn9
Michael Lewis ( love his take on finance )
Liars poker amzn.to/34J6MQH
Flash Boys amzn.to/34zVwFU
Money Culture amzn.to/2JSV6CQ
PANIC!! amzn.to/2Nlvd0w
#Series7exam #sieexam #finra #capitaladvantagetutoring #series7whisperer
Ken Finnen Chatham NJ

[@imnoking10]

I just passed the SIE and I could NOT have done it without your videos. I am so grateful that you put in the time and effort to help us out. Thank you!

[@isabellejeter3141]

Thanks for this. quick question, what if it had been an OID muni?

[@benhilzer]

Why is there no accretion? It seems like it’s a secondary market discount bond since it was purchased 6 years after the issuance. Or would the question explicitly state it’s a SMD bond?

[@Series7Exam]

Only OID accretes not SMD

[@Series7Exam]

Look at the issue amount it was issued at par so it is an SMD

[@benhilzer]

@@Series7Exam ah gotcha, and for SMD's the discount amount, if held to maturity or sold, is ordinary income. Thanks!