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Check Answer A share of the ADR of a French firm represents one share of that firm's stock that is traded on the Paris stock exchange.

Check Answer


A share of the ADR of a French firm represents one

share of that firm's stock that is traded on the Paris stock exchange. The

share price of the firm was 21 euros when the French market closed. As the U.S.

market opens, the euro is worth $1.15. Thus, the price of the ADR should be:


Answer =24.15

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