A share of the ADR of a French firm represents one share of that firm’s stock that is traded on the Paris stock exchange

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answerhappygod
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A share of the ADR of a French firm represents one share of that firm’s stock that is traded on the Paris stock exchange

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A share of the ADR of a French firm represents one share of that
firm’s stock that is traded on the Paris stock exchange. The share
price of the firm was 25 euros when the French market closed. As
the U.S. market opens, the euro is worth $1.30. Thus, the price of
the ADR should be:
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