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15. Which statement about ADRs is true?
a) An ADR is the receipt for the shares of a foreign
based corporation held in U.S bank
b) ADRs do not trade on U.S exchange
c) ADRs give non U.S investors a way to buy non US
company shares in the US market.
d) The holder of an ADR is entitled to only the
dividends for the security
- 4 Answers
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Answer / harish
An ADR is the receipt for the shares of a foreign
based corporation held in U.S bank
| Is This Answer Correct ? | 33 Yes | 4 No |
Answer / s.srinu
option one is the correct answer
An ADR is the receipt for the shares of a foreign
based corporation held in U.S bank
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / kalyan
An ADR is the receipt for the shares of a foreign
based corporation held in U.S bank
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / mayur
a) An ADR is the receipt for the shares of a foreign
based corporation held in U.S bank
| Is This Answer Correct ? | 3 Yes | 1 No |
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