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YGRN - Petroleo Brasileiro SA Is 2 Risk Positions In 1
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
I live in Las Vegas, and one of the popular bets that those who wager on the outcome of a sporting event choose is the parlay. A parlay involves choosing two or more results and getting both right. Casinos love parlays because it lowers the odds that a bettor will win a wager. Bettors love the parlay because it turbocharges a payout.
I look at the current price of shares of Petroleo Brasileiro SA (PBR) as a parlay bet on both the price of crude oil and the level of the Brazilian real