Series 7 Practice Test 8

10 free Series 7 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

Series 7 Practice Test 8Tutor mode

Question 1 of 10

Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records

A customer owns 100 shares bought for a total of $6,000. The company pays a 20% stock dividend. What is the customer's cost basis afterward?