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On March 15, 2021 UNILEVER PLC shares traded on the Amsterdam stock exchange and on the NYSE. The latter traded as American Depository Receipts. Your
On March 15, 2021 UNILEVER PLC shares traded on the Amsterdam stock exchange and on the NYSE. The latter traded as American Depository Receipts. Your research showed the ADRs are equal to the Amsterdam shares (i.e. 1:1). The price on the New York Stock Exchange is $54.11. You look up the exchange rates and find 0.84495/USD. This suggests the price on Amsterdam should be: Select one: a. 64.04 b. 45.72 c. 54.11 d. 75.79 e. None of the above
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