American Depository Receipts
A) have annual reports and financial statement presented in English.
B) pay dividends in dollars.
C) are more liquid and less expensive to buy than foreign stock.
D) all of these are true.

Question

Quizplus · Accepted Answer

American Depository Receipts (ADRs) have annual reports and financial statements presented in English, pay dividends in dollars, and are often more liquid and less expensive to buy than foreign stock.