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    Foundations of Financial Management Study Set 2
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    Exam 17: Common and Preferred Stock Financing
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    American Depository Receipts
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American Depository Receipts

Question 28

Question 28

Multiple Choice

American Depository Receipts


A) have annual reports and financial statements presented in English.
B) pay dividends in dollars.
C) are more liquid and less expensive to buy than foreign stock.
D) All of these are true.

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