ADRs:
I. are shares of U. S. companies traded on foreign exchanges.
II. are shares of foreign...
Business, 26.11.2020 23:10 ayeeitsenaly4175
ADRs:
I. are shares of U. S. companies traded on foreign exchanges.
II. are shares of foreign companies traded on U. S. exchanges.
III. pay dividends in U. S. dollars if they pay dividends.
IV. are subject to exchange rate risk.
a. I and II only
b. II and III only
c. II. III and IV only
d. I, II, III and IV
Answers: 1
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