Sie chapter 1 examfx - Study guides, Class notes & Summaries

a negotiable instrument issued by a US bank that trades in the US financial markets and represents shares of a foreign stock - answer-American Depositary Receipt (ADR) the price a seller is willing to accept for a security - answer-Ask price the price a buyer is willing to accept for a security - answer-Bid price a debt obligation in which the borrower promises to pay a set coupon rate until the issue matures, at which time the principal is repaid - answer-Bond a person selected by t...