American Depository Receipts (ADRs) are divided into __________ number of levels.

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None of the above

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Solution

The correct option is C 3
ADR is a dollar-denominated negotiable certificate, it represents non-US company;'s Publicly traded equity. ADRs are divided into three levels based on the regulations and privileges of each company's issue.
Hence, option (C) is the correct answer.

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A Global Depository Receipt is a bank certificate that is basically issued in more than one country for shares in a foreign company.

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American Depository Receipts (ADRs) are divided into __________ number of levels.

The correct option is C 3ADR is a dollar-denominated negotiable certificate, it represents non-US company;'s Publicly traded equity. ADRs are divided into three levels based on the regulations and privileges of each company's issue. Hence, option (C) is the correct answer.

The correct option is C 3
ADR is a dollar-denominated negotiable certificate, it represents non-US company;'s Publicly traded equity. ADRs are divided into three levels based on the regulations and privileges of each company's issue.
Hence, option (C) is the correct answer.