In the global depository market,
A) The popularity of ADRs has been decreasing over the last twenty years.
B) if a depository receipt is trading on more than one stock exchange, it is called a global depository receipt (GDR)
C) American ADR holders can only sell them to investors overseas
D) One difference between stocks and ADRS is that ADRs do not pay dividends
E) JP Morgan was the first bank to introduce the American depository receipt in 1827
Correct Answer:
Verified
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