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32 ns MC.12.043 Which of the following statements regarding American Depositary Receipts (ADRs) is true? a. ADRs represent a stated number of shares in a

32
ns MC.12.043 Which of the following statements regarding American Depositary Receipts (ADRs) is true? a. ADRs represent a stated number of shares in a specific foreign company. b. The investors in ADRs receive dividends in foreign currencies. c. The investors in ADRs receive annual interest amounts in dollars. d. ADRs are denominated in foreign currencies e. ADRs are traded only in foreign exchanges

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