Instruction 16

question 39

Multiple Choice

Instruction 16.1: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 16.1. At an average price of €60/share, how many shares of stock will the investor be able to purchase?

• A)8333 shares
• B)6410 shares
• C)6173 shares
• D)10,833 shares

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Definitions:

Stimulant

A type of drug that increases activity of the central nervous system, resulting in increased alertness, attention, and energy.

Opioids

Substances, including morphine and heroin, that produce euphoria followed by a tranquil state; in severe intoxication, can lead to unconsciousness, coma, and seizures; can cause withdrawal symptoms of emotional distress, severe nausea, sweating, diarrhea, and fever.

Opioid Intoxication

A state resulting from the use of opioids that includes symptoms like impaired judgment, drowsiness, and often euphoria.

Vivid Dreams

Extremely clear and detailed dreams that are often remembered upon waking, potentially causing emotional distress or confusion.