$65.$ Read and understand the Financial Instruments to answer below question.

A US company wants to raise capital in Europe and be listed on the European

stock exchanges. It is unable to issue shares in Europe but instead issues shares

to the US custodial branch of Deutsche Bank which holds the shares as custodian

and issues negotiable financial instruments denominated in Euro. These financial

instruments can be traded on the European stock exchanges.

This type of financial instrument is known as:

i$.$ American Custodial Deposits

ii$.$ Global Custodial Deposits

iii. Global Depository Receipts

iv$.$ American Depository Receipts