Instruction 13.1: Use the Information to Answer the Following Question(s)

question 69

Multiple Choice

Instruction 13.1:
Use the information to answer the following question(s) .
In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/euro. At the end of one year the spot rate is $1.35/euro.
-Refer to Instruction 13.1. How many euros will the U.S. investor acquire with his initial $500,000 investment?

• A) €650,000
• B) €370,370
• C) €500,000
• D) €384,615

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Definitions:

Literacy Tests

Historically, tests used to disenfranchise voters, particularly African-Americans, under the pretext of requiring the ability to read and write for voting eligibility.

Bilingual Ballots

Election ballots printed in two languages to accommodate voters who may not be proficient in the primary language of the area.

Transgender Individuals

Individuals whose gender identity differs from the sex they were assigned at birth.

Public Bathrooms

Restroom facilities accessible to the general population in public spaces.