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Keywords: ADR
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Teaching Notes
Journal:
Teaching Notes
Teaching Notes 1–10.
Published: 31 March 2015
... Receipts (ADRs) of AIB appeared to be overvalued even relative to the inflated Irish price. The case illustrates the possibility of pervasive mispricing in an illiquid market and the difficulty of valuing companies with large embedded option values. 14 10 2019 © 2015 by the Indian Institute...
