Business Studies, asked by kartikrana99, 3 months ago

state the meaning and features of GDR.s

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Answered by sruti7685

Answer:

It is a negotiable instrument and can be traded freely like any other security. ... GDR is denominated in any foreign currency but the underlying shares would be denominated in local currency of the issuer. 5. The holder is entitled to dividend and bonus on the value of shares underlying the GDR

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