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Basic Question 1 of 9
A DR may represent ______ of the underlying stock.
II. many shares
III. a fractional share
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
Learning Outcome Statements
describe methods for investing in non-domestic equity securities
CFA® 2024 Level I Curriculum, Volume 3, Module 4.