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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 | |
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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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