Question
Some companies cross-list their shares, meaning that their stock trades on more than one stock exchange. For example, BlackBerry (ticker symbol: BB), trades on both
Some companies cross-list 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 U.S. dollars (USD) at the rate of 0.93 USD/CAD, what must BB's price be on NASDAQ?
BB's price on NASDAQ must be______$enter your response here
USD..
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
