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Level II ADRs are: those that are not allowed to be listed on a U.S. Exchange a. none of the other answers b. private placements

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Level II ADRs are: those that are not allowed to be listed on a U.S. Exchange a. none of the other answers b. private placements by foreign firms in U.S. under Rule 144a C. those that are listed on a U.S. Exchange & can raise new money in U.S. d. those that are listed on a U.S. Exchange and cannot raise new money in U.S. e

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