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

question 13

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. 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

---

Definitions:

Quality

The standard of something as measured against other things of a similar kind; the degree of excellence of something.

Productivity

Refers to the efficiency of production in terms of the amount of goods or services produced relative to the inputs used, such as labor and capital.

NLRA

The National Labor Relations Act, US legislation that protects the rights of employees to organize and to bargain collectively with their employers.

Global Market

An international economic system allowing goods, services, and capital to move across national borders, increasing market competition globally.