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Basic Question 1 of 9
A DR may represent ______ of the underlying stock.
II. many shares
III. a fractional share
I. one share
II. many shares
III. a fractional share
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe methods for investing in non-domestic equity securities
CFA® 2024 Level I Curriculum, Volume 3, Module 4.