Discuss the pros and cons of this asset class

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Question - ABC Ltd is an Indian company for 35 years and is thinking of raising capital from outside the country. The company wants to raise equity capital and is not aware of Depository Receipts. You are an investment banker and need to explain how the shares to receipts conversion take place and the parties involved in this financial instrument. Discuss the pros and cons of this asset class.

Reference no: EM133119712

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