An American Depository Receipt Is

An American depository receipt is:

A) a security issued by a foreign company that is listed only on the New York Stock Exchange.
B) a security issued by a foreign company that is listed on both the New York Stock Exchange and the American Stock Exchange.
C) a security issued by a US bank and evidenced by a depository share.
D) a foreign share that has a multiple listing both in the US and its domestic market, and needs to pay a deposit before listing.

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