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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

  1. 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

  1. 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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