ADRs
I.are shares of U.S.companies traded on foreign exchanges.
II.are shares of foreign companies traded on U.S.exchanges.
III.pay dividends in U.S.dollars if they pay dividends.
IV.are subject to exchange rate risk.

Question

Quizplus · Accepted Answer

ADRs (American Depositary Receipts) are shares of foreign companies traded on U.S. exchanges, they pay dividends in U.S. dollars, and they are subject to exchange rate risk.

ADRs I.are Shares of U.S.companies Traded on Foreign Exchanges