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  3. . which statement is correct? a) adrs are securi

. Which statement is CORRECT? a) ADRs are securities traded in the US...

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Finance

. Which statement is CORRECT?

a) ADRs are securities traded in the US that represent ownership of foreign companies

b) Foreign bonds are denominated in a currency other than the domestic currency where it is issued.

c) The debt of a subsidiary is always guaranteed by the parent

d) Multinational companies should allow their foreign subsidiaries to act independently of each other.

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