Firm stock that is traded on the dutch stock exchange

Assignment Help Financial Management

Reference no: EM132009794

A share of the ADR of a Dutch firm represents five shares of that firm's stock that is traded on the Dutch stock exchange. The share price of the firm was 16.8 EUR when the Dutch market closed. As the U.S. market opens, the exchange rate on the euro is 1.15 USD/EUR. Assuming no significant news has happened in the interim, the price of the ADR should be about ____ USD.

Reference no: EM132009794

Questions Cloud

What psychological principles : What psychological principles do you see at work in your day-to-day life? Give specific examples.

Areas of strength of a client in a hospice setting : Identify two possible areas of strength of a client in a hospice setting. Explain ways clinical social workers can empower clients in a hospice setting.

Find what is the firm cost of preferred stock financing : Nature Food Inc. needs to estimate the cost of financing on preferred stock. The firm has preferred stock outstanding that pays a constant dividend.

How a current criminal justice policy was developed : Research a policy that has been revised and provide information about the policy and the steps that were taken to plan and implement the change.

Firm stock that is traded on the dutch stock exchange : A share of the ADR of a Dutch firm represents five shares of that firm's stock that is traded on the Dutch stock exchange.

Create a tax plan for the future redemption : Create a tax plan for the future redemption of the client's stock owned in the construction company that will not be taxed according to Section 301 of the IRC

Which plan will result in the higher eps : Nashville Predators is comparing two different capital structures, an all-equity plan (Plan A) and a levered plan (Plan B).

Stanford prison experiment made it ethically unacceptable : What specific aspects of the Stanford Prison Experiment made it ethically unacceptable? Do notsay that things got out of hand--that's obvious.

The ethical behavior and the willingness to deceive : Read the article titled "Ethical Defensibility: Should an Officer's ‘Willingness to Deceive' Result in Automatic Certification Revocation?".

User Account

All Pages