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Q. |
A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a - |
A. | Bear |
B. | Bull |
C. | Bison |
D. | Boar |
Answer» B. Bull | |
Explanation: Investors who take a bull approach purchase securities under the assumption that they can be sold later at a higher price. A "bear" is considered to be the opposite of a bull. |
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