Business Studies, asked by sardaarji3979, 7 months ago

In which company can the ADR be issued? *

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Answered by vinaysharma58

An American depositary receipt (ADR) is a negotiable certificate issued by a U.S. depository bank representing a specified number of shares—often one share—of a foreign company's stock. The ADR trades on U.S. stock markets as any domestic shares would.

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