CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

______ ADRs are used to raise capital on the U.S. market.
A. Level I, II, and III
B. Level II and III
C. Only Level III
Explanation: New shares are not issued with Level I and II ADRs.

User Contributed Comments 1

User Comment
khalifa92 level II & III both can be sold on exchanges but only level III can be used as public offering.
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