American Depositary Receipts: A) Do not have annual reports B) Pay dividends in euros C) Are...
American Depositary Receipts:
A) Do not have annual reports
B) Pay dividends in euros
C) Are less liquid and less expensive to buy than foreign stock
D) Are more liquid and less expensive to buy than foreign stock.
Homework Answers
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Correct answer is option D) Are more liquid and less expensive to buy than foreign stock.
ARD companies are more liquid and less expensive to buy compared to foreign stock.
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American Depositary Receipts:
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