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Basic Question 1 of 9

A DR may represent ______ of the underlying stock.

I. one share
II. many shares
III. a fractional share

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe methods for investing in non-domestic equity securities

CFA® 2024 Level I Curriculum, Volume 3, Module 4.