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a. What is American Depository Receipt ( ADR) Why should a US investor purchase ADRs rather than buy shares directly. b. List the advantages of

a. What is American Depository Receipt ( ADR) Why should a US investor purchase ADRs rather than buy shares directly.

b. List the advantages of investing in mutual funds.

c. How are mutual funds regulated and taxed? How are individual cash disbursement to shareholders taxed?

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