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When the direct rate in the United States for the euro is USD 0.9568 per EUR, the reciprocal rate is: a. EUR 0.0432 per USD
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When the direct rate in the United States for the euro is USD 0.9568 per EUR, the reciprocal rate is:
a. EUR 0.0432 per USD
b. USD 0.0432 per EUR.
c. EUR 1.0452 per USD.
d. USD 1.0452 per EUR.
QUESTION 2
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To say that an investor is a risk seeker means that the investor:
a. Dislikes stocks that pay a regular dividend.
b. Will only buy the stock of new, start-up companies.
c. Is willing to pay to assume additional risk.
d. Finds the stock market too tame.
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