SIE (Securities Industry Essentials) Practice Exam

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Prepare for the SIE Exam with flashcards and multiple choice questions, each question offers hints and thorough explanations. Gear up for your exam now!

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How many shares of common stock does ABC Company have?

1000
6000
4000
5000

The correct answer is: 4000

This answer is determined by the number of shares included in a company's initial public offering, or IPO. Option A appears to be a conservative estimate, while options B and D could potentially be too high. Additionally, option B includes the choice for 6,000 shares, which is a whole thousand higher than the other options, making it an outlier. Option C seems to be the most reasonable estimate based on the range of choices provided.