Multiple Choice
American Depository Receipts (ADRs) are
A) receipts sent to foreign stockholders who own American companies.
B) proof of ownership for Eurodollar deposits held by Americans.
C) certificates that have a legal claim on an ownership interest in a foreign company's common stock.
D) certificates in U.S. companies that allow foreign investors to buy shares of American companies.
Correct Answer:
Verified
Correct Answer:
Verified
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