Series 24 Exam. Some questions from a tutoring session. Afterwards now explicated for you too!

[@Series7Guru]

Check this out kzbin.info/www/bejne/j6bQen55ftJ8e6M

[@agentalbert]

The thing I find confusing in this is (Question ID: 617416, starts at about 15:50) is that the potential orders are called "market orders", but are specifying a price? I picked the correct answer as I can see that a market order to buy would fill at $26.89. But the wording here would throw me for a loop and make me think I'm missing something. Is what we should be looking for her is the one that is a marketable limit order? I appreciated the explication on the question where the reserve comes into play and the hierarchy of filling the market order that exceeds the displayed amount. That was helpful.

[@onceuponatime6844]

I appreciate your videos! Thank you.

[@Series7Guru]

Glad ypu are finding them helpful.

[@rosieknop6106]

I absolutely got this same exact question and chose this same exact incorrect answer! I am so glad you did this video.

[@Series7Guru]

Glad you found it and it was helpful.

[@timknowles8149]

Question on this timestamp: 18:55 Stock dividends of 25% or more the ex dividend date is one business day after the record date. The Kaplan Series 24 License Exam Manual (11th edition) says on page 364 that, in cases where the stock dividend (or stock split) is 25% or more, the ex-date is one business day AFTER the PAYABLE date. So, in this case, wouldn't the ex-date be Wednesday October 22nd? I don't think it changes the answer to the question, but I just want to make sure I understand the concept. I am using this to remember these things: DERP - regular way settlement DREP - cash (same day settlement) DRPE - stock dividends over 25% Hopefully this is correct because my exam is in 3 weeks :)

[@Series7Guru]

You are correct

[@timknowles8149]

@@Series7Guru Phew. Wanted to make sure I wasn't missing something since I've been studying for so long that my wires are getting crossed at this point. Any chance you're doing a Series 24 class before March 29th? If not no biggie. If so, I may want to enroll because my employer very generously reimburses these things because they want me to pass :)

[@Series7Guru]

@timknowles8149 not scheduled.

[@jimarmstronger]

very very helpful, Dean. Thank you.

[@Series7Guru]

Working on getting more content up. Glad you found it helpful.

[@evanprince226]

Hi Dean, Thank you for posting all of these great videos. Your content help me pass the 7 and 63. I am taking the 24 on June 27th. Will the Kaplan explicated final be posted before then?

[@Series7Guru]

I will try to make it so.