Service

Which of the following is not true about ADR?

Which of the following is not true about ADR?

Which of the following is not true about ADR?


[A]ADR represents the foreign shares of the company held on deposit by a custodian bank in the company's home country.
[B]ADRs may be used in public or private markets inside or outside US.
[C]ADRs do not eliminate the currency risk associated with an investment in a non-U.S. company.
[D]An ADR is a U.S. dollar denominated form of equity ownership in a non-U.S. company.

Roshan kumar 03-Jan-2018

Answer (Solved)

question Get solution