Question
The stock price of the French company Citroen is 38 euro (EUR) per share. If the exchange rate is $1.1 per euro, what should be
The stock price of the French company Citroen is 38 euro (EUR) per share. If the exchange rate is $1.1 per euro, what should be the price of an American depository receipt representing 30 shares of Citroen stock (in $)?
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
