What is an ADR? How is an ADR created?
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An ADR is a certificate that represents ownership of a foreign stock An ADR is typically created by a US bank who buys stock in foreign corporations in their domestic currencies and places them in its ...View the full answer
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders, Marcia Cornett
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