QUESTION 3 The stock price for Kreps Corp in London closed at 0.875 per share....
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QUESTION 3 The stock price for Kreps Corp in London closed at 0.875 per share. On the same day, the British Pound sterling to the U.S. dollar spot exchange rate was 0.6366 / 51.00. Kreps Corporation also trades as an ADR On Nasdaq in United States. Five underlying Kreps Corp shares are packaged into one ADR. The no-arbitrage U.S. price of one ADR is a. 7.87% $5.87 Ob. OC. $4.87 $6.87 Od
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