An American Depositary Receipt is defined as a security:
A) that has been deposited in an interest-bearing account at a U.S.bank.
B) issued outside the U.S.that represents shares of a U.S.stock.
C) issued in the U.S.that represents shares of a foreign stock.
D) that has a guarantee of payment from a U.S.bank.
E) issued in multiple countries but denominated in U.S.currency.
Correct Answer:
Verified
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