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1. A dealer quotes the pound at $1.2535-41 and the euro at $1.3351-60. How many euros would you receive in exchange for 200,000 pounds?
187,866.08
213,160
187,652.47
212,924.52
2. Book value is of limited use to the investment analyst because it is based on
the book numbers
the actual numbers
historical numbers
forecasted numbers
If market interest rates decline
Suppose your company is very successful and you cash out most of your stock and turn the company over to an elected board of directors. Neither you nor any other stockholders own a controlling interest (this is the situation at most public companies)..
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