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An ADR of the Italian company Italy represents a share listed on the Milan Stock Exchange. The price of Italy shares was 20 euros at
An ADR of the Italian company "Italy" represents a share listed on the Milan Stock Exchange. The price of "Italy" shares was 20 euros at the close of said market. When the stock market opens in the United States, the euro is worth 1.19 dollars, so the price of the ADR is
A. 23.8
B. 20
C. 0.9405
D. 0.0595
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