CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

A depository receipt is a ______ DR when the foreign company whose shares are held by the depository has a direct involvement in the issuance of the receipts.
A. sponsored
B. participating
C. involved
Explanation: Investors in sponsored DRs have the same rights as the direct owners of the common shares.

User Contributed Comments 1

User Comment
shann680 great "misleading" question!
You need to log in first to add your comment.