Keywords: Behavioural Finance
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Teaching Notes
Teaching Notes 1–10.
Published: 31 March 2015
... of administrative problems. Mispricing Arbitrage Market Efficiency ADR Behavioural Finance Banking Large On the ADR pricing, the question is whether the overvaluation is due to (a) the ADR market thinking that the ADR represents 10 shares or (b) the decoupling of the ADR market from...

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