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A large Asian sovereign wealth fund purchases a 15% stake in Apples listed stock on the Nasdaq exchange. This transaction would appear in the financial
A large Asian sovereign wealth fund purchases a 15% stake in Apples listed stock on the Nasdaq exchange. This transaction would appear in the financial account:
a. As a credit under foreign direct investment.
b. As a credit under portfolio investment.
c. As a debit under foreign direct investment.
d. As a debit under portfolio investment.
e. None of the above.
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