Multiple Choice
Certificates of ownership issued by a U.S.bank that represent indirect ownership of a certain number of shares of a specific foreign firm on deposit in a bank in the firm's home country are known as:
A) American Depository Receipts (ADRs)
B) Exchange Traded Funds (ETFs)
C) Warrants
D) Options
E) Futures
Correct Answer:
Verified
Correct Answer:
Verified
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