JAMB - Commerce (2008 - No. 17)
A person who buys new issues with a view of reselling at a higher price in the near future is referred to as a?
bull
bear
dealer
stag
Paliwanag
A bull market is the condition of a financial market in which prices are rising or are expected to rise. A stock market player who buys securities in the hope that the prices will rise in the future is called a bull.