Asked by Megan Standley on Jul 26, 2024
Verified
"ADRs" stands for ___________, and "WEBS" stands for ____________.
A) additional dollar returns; weekly equity and bond survey
B) additional daily returns; world equity and bond survey
C) American dollar returns; world equity and bond statistics
D) American depository receipts; world equity benchmark shares
E) adjusted dollar returns; weighted equity benchmark shares
American Depository Receipts
Securities that represent shares in foreign public companies and are traded on U.S. stock exchanges, allowing investors to invest in overseas stocks more easily.
World Equity Benchmark Shares
Exchange-traded funds that aim to provide investment results that, before fees and expenses, correspond to the price and yield performance of specific international equity indexes.
ADRs
American Depositary Receipts, a way for investors to own shares in foreign companies, where the shares are held by a US financial institution overseas and traded on American exchanges.
- Comprehend the functions and utilities of American Depository Receipts (ADRs) and World Equity Benchmark Shares (WEBS) in global investing.
Verified Answer
SJ
Saran JosephJul 29, 2024
Final Answer :
D
Explanation :
ADRs stand for American Depository Receipts, which are a way for investors to own shares in foreign companies in U.S. dollars. WEBS stand for World Equity Benchmark Shares, which are exchange-traded funds that track non-U.S. equity markets.
Learning Objectives
- Comprehend the functions and utilities of American Depository Receipts (ADRs) and World Equity Benchmark Shares (WEBS) in global investing.