📊 Financial Markets
Q. Which of the following is not true about ADR?
  • (A) an adr is a u.s. dollar denominated form of equity ownership in a non-u.s. company.
  • (B) adrs may be used in public or private markets inside or outside us.
  • (C) adrs do not eliminate the currency risk associated with an investment in a nonu.s. company.
  • (D) adr represents the foreign shares of the company held on deposit by a custodian bank in the company\s home country. ad
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✅ Correct Answer: (B) adrs may be used in public or private markets inside or outside us.

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