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rsteel rsteel
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2 years ago
Advantages of using American Depositary Receipts to participate in foreign markets include

I.lower transaction costs than for direct foreign stock purchases.
II.reduced exposure to foreign exchange risk.
III.dividends are paid in U.S. dollars.
IV.quotations are readily available from U.S. sources such as Yahoo Finance or MSN Money.


▸ I and II only

▸ I and III only

▸ I, II and III only

▸ I, III and IV .
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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Moh1995abdelMoh1995abdel
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2 years ago
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this is exactly what I needed
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