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A share of the ADR of the German firm Bergerschnus represents one share of this firm's stock that is traded on the Frankfurt Stock Exchange.
A share of the ADR of the German firm Bergerschnus represents one share of this firm's stock that is traded on the Frankfurt Stock Exchange. The share price of Bergerschnus was 30 euros when the Frankfurt exchange closed. When the U.S. market opens, the euro is worth $1.15.
If the Bergerschnus ADR is convertible into three shares of stock, the ADR price would be:
It asks for 3 shares
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