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Basic Question 0 of 3

A DR may represent ______ of the underlying stock.

I. one share
II. many shares
III. a fractional share

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Craig Baugh

Craig Baugh

Learning Outcome Statements

describe how securities, contracts, and currencies are traded in quote-driven, order-driven, and brokered markets

CFA® 2025 Level I Curriculum, Volume 3, Module 1.