In the frankfurt market, aldi stock closed at €5 per share. on the same day, the euro u. s. dollar spot exchange rate was €.625/$1.00. aldi trades as an adr in the otc market in the united states. five underlying aldi shares are packaged into one adr. the no-arbitrage u. s. price of one adr is

answer; (d) i believe that the correct answer is ; /// a new invention lowers the cost of production;

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer; a set of mutual funds with similar risk characteristics to your mutual fund;