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Please answer both questions. Thank you. Question 13 2 pts While ADRs exist to satisfy foreign investors, companies are prohibited by law from listing their
Please answer both questions. Thank you.
Question 13 2 pts While ADRs exist to satisfy foreign investors, companies are prohibited by law from listing their shares on stock exchanges outside of their own countries. O True False Question 14 3 pts A share of the ADR of a Mexican firm represents one share of that firm's stock that is traded on the stock exchange in Mexico City. The share price of the firm was 100 pesos when the Mexican market closed. As the U.S. market opens, 20 Mexican Pesos equal $1. The price of the ADR should be: $20 $100 $5 100 PesosStep by Step Solution
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