---------------- represent shares of foreign companies kept in banks.
A)convertible bonds
B)American Depository Receipts (ADRs)
C)asset-backed securities
D)LEAPS

Question

Quizplus · Accepted Answer

American Depository Receipts (ADRs) are certificates representing shares of foreign companies that are held by a U.S. bank. ADRs make it easier for investors in the U.S. to invest in foreign companies without having to deal with foreign currencies or foreign exchanges.

---------------- Represent Shares of Foreign Companies Kept in Banks