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Some companies cross - list their shares, meaning that their stock trades on more than one stock exchange. For example, BlackBerry ( ticker symbol: BB
Some companies crosslist their shares, meaning that their stock trades on more than one stock exchange. For example, BlackBerry ticker symbol: BB trades on both the
TSX and NASDAQ. If its price in Toronto is Canadian dollars per share and anyone can exchange Canadian dollars CAD for US dollars USD at the rate of
USDCAD what must BBs price be on NASDAQ?
BBs price on NASDAQ must be $
USD. Round to the nearest cent.
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