Multiple Choice
Which of the following statements regarding American Depositary Receipts (ADRs) is true?
A) ADRs are traded only in foreign exchanges.
B) ADRs are denominated in foreign currencies.
C) ADRs represent a stated number of shares in a specific foreign company.
D) The investors in ADRs receive annual interest amounts in dollars.
E) The investors in ADRs receive dividends in foreign currencies.
Correct Answer:
Verified
Correct Answer:
Verified
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