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SELECT ALL THAT ARE TRUE Which of the following statements about American Depositary Receipts are true? The purchaser of a U.S. ADR faces exchange rate
SELECT ALL THAT ARE TRUE Which of the following statements about American Depositary Receipts are true? The purchaser of a U.S. ADR faces exchange rate risk Level 1 ADR's are listed on large public U.S. exchanges An ADR represents the securities of non-U.S. companies ADR's are U.S. treasury securities Level 2 ADR's place no specific disclosure requirements on the issuing corporation
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