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WAEC Commerce 2025 Question 33

Question 33

Stock Exchange

Use the information below to answer questions 32 and 33.
Gibril bought shares from a company at D 40 per share and sold them to Sam at D 60 each.
In his decison to buy the share at a high price, Sam is acting as a

  1. A.stag.
  2. B.bull.
  3. C.broker.
  4. D.bear.
Show the answer and explanation

Answer: B (bull.)

Explanation

A bull buys shares expecting their price to rise further, so he is willing to pay a high price now.