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    Exam 11: International Debt Markets
  5. Question
    Using American Depository Receipts,a Foreign Borrower May Issue New Equity
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Using American Depository Receipts,a Foreign Borrower May Issue New Equity

Question 19

Question 19

True/False

Using American depository receipts,a foreign borrower may issue new equity to the public in the US market with the aid of a custodian bank in that country.

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