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QUESTION 3 An American Depository Receipt (ADR) represents O Debt sold by a foreign borrower that is denominated in the currency of the country where

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QUESTION 3 An American Depository Receipt (ADR) represents O Debt sold by a foreign borrower that is denominated in the currency of the country where it is sold. Stock of foreign companies that is sold directly to investors in the United States. O Equity instruments of one country that are sold in another country O Certificates representing ownership in stocks of foreign companies that are held in trust by a bank located in the country the stock is traded

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