Series 6 Test Questions

Here is a good example of a series 6 test question for corporate bonds.

A quote for a corporate bond from the GSC Company of 96.125 translates into:

A) $96.13
B) $961.25
C) $9,612.50
D) Can not be determined

B) Corporate bonds are always priced as a percentage of par. The price is determined as follows:

96.125% x $1000 = $961.25.

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Good Luck On Your Series 6 Exam!