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Business, 11.12.2019 19:31 snoopy112007

In the london market, rolls-royce stock closed at £0.875 per share. on the same day, the british pound sterling to the u. s. dollar spot exchange rate was £0.6366 per us dollar. rolls royce trades as an adr in the otc market in the united states. five underlying rolls-royce shares are packaged into one adr. the no-arbitrage u. s. price of one adr is: a. $4.87 b. $5.87 c. $6.87 d. $7.87 17

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In the london market, rolls-royce stock closed at £0.875 per share. on the same day, the british pou...
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