Series 65: 7.3.16.2. Tax-Equivalent Or Corporate Equivalent Yield

Taken from our Series 65 Online Guide

7.3.16.2. Tax-Equivalent or Corporate Equivalent Yield

In Chapter Six we discussed the fact that the yield of a corporate bond can be compared against the corporate equivalent yield of a municipal security. The corporate equivalent yield (CEY) measures

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I took the exam three days after we spoke. I had to drive 75 miles to the test center. I finished the exam in a little under two hours and did not want to second guess myself in changing any of my answers. Upon completion of the exam, and subsequent grading I saw a 65 on the screen and I couldn't believe I did so poorly. However, the 65 I saw stood for the Series 65 not my grade and several lines below was my grade which was an 87. Thus I passed with a minimum amount of study looking over your online exam simulator. The questions were very similar to your review questions and I am sure that a candidate who reviews your questions and understands the application will have no problem passing the exam. Thanks for a great product.

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