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Basic Question 0 of 11
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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
analyze disclosures relating to deferred tax items and the effective tax rate reconciliation and explain how information included in these disclosures affects a company's financial statements and financial ratios
CFA® 2025 Level I Curriculum, Volume 3, Module 9.