Swedens Oasmia Pharmaceutical AB is trading on the Nadaq in New York for $2.90 and on the

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Sweden’s Oasmia Pharmaceutical AB is trading on the Nadaq in New York for $2.90 and on the Nasdaq OMX in Stockholm for SEK 9. If the exchange rate is currently $1=SEK 9.30 then what is the ADR ratio?

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Multinational Financial Management

ISBN: 9781119559900

11th Edition

Authors: Alan C Shapiro, Paul Hanouna

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Question Posted: Feb 29, 2024 05:00 AM

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Swedens Oasmia Pharmaceutical AB is trading on the Nadaq in New York for $2.90 and on the

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Multinational Financial Management

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