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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
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- Bear
- Bull
- Bison
- Boar
Correct Option: B
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. Bear investors believe that the value of a specific security or an industry is likely to decline in the future.
