The stock price of the French company Leroy Merlin is 41 euro (EUR) per share. If the

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The stock price of the French company Leroy Merlin is 41 euro (EUR) per share.

If the exchange rate is $1.2 per euro, what should be the price of an American depository receipt representing 23 shares of Leroy Merlin stock (in $)?

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Essentials of Business Law and the Legal Environment

ISBN: 978-0324303957

9th edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Apr 05, 2023 12:42 AM

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The stock price of the French company Leroy Merlin is 41 euro (EUR) per share. If the

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Essentials of Business Law and the Legal Environment

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