Each DR is backed by a specific number of an issuers local shares. This is referred to
Question:
Each DR is backed by a specific number of an issuer’s local shares.
This is referred to as the
a. DR ratio
b. Issuer’s holding ratio
c. Market holding ratio
d. None of the above
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Related Book For 
Accounting For Investments Equities Futures And Options Volume 1
ISBN: 9780470824313
1st Edition
Authors: R. Venkata Subramani
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