The price of an adr is 20 what is the share price of the
Assume that the spot rate of the Singapore dollar is $.664. The ADR of a Singapore firm is convertible into 3 shares of stock. The price of an ADR is $20. What is the share price of the firm in Singapore dollars??
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assume that the spot rate of the singapore dollar is 664 the adr of a singapore firm is convertible into 3 shares of
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