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- Dec 14, 2006
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Can anyone field this one?
If I buy a stock in a foreign company using American depository receipts, and then the foreign currency appreciates against the dollar although the price of the stock does not change, do I realize a gain on the investment?
Thx
If I buy a stock in a foreign company using American depository receipts, and then the foreign currency appreciates against the dollar although the price of the stock does not change, do I realize a gain on the investment?
Thx