Reading 58: Overview of Equity Securities-LOS e 习题精选 2011, investing, methods, likely

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Session 14: Equity Analysis and Valuation
Reading 58: Overview of Equity Securities

LOS e: Discuss the methods for investing in non-domestic equity securities.

 

 

Global depository receipts are most likely issued:

A) outside the issuer’s home country and denominated in U.S. dollars.

B) outside the issuer’s home country and denominated in the exchange’s home currency.

C) in the United States and denominated in U.S. dollars.

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Global depository receipts are issued outside the U.S. and the issuer’s home country and are most often denominated in U.S. dollars. Depository receipts issued in the United States and denominated in U.S. dollars are called American depository receipts. Global registered shares are denominated in the home currencies of the exchanges on which they trade