When investing in unsponsored depository receipts, the voting rights to the shares in the trust belong to:

Question:

A. The depository bank.

B. The investors in the depository receipts.

C. The issuer of the shares held in the trust.

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Related Book For answer-question

Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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Question Posted: Mar 22, 2024 01:31 AM

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When investing in unsponsored depository receipts, the voting rights to the shares in the trust belong to:

Question:

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A is correct In an unsponsored DR the deposi...View the full answer

Investments Principles Of Portfolio And Equity Analysis

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