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
Answers were Sorted based on User's Feedback
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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