Difference between private versus public bond offering

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Reference no: EM131955627

1. An ADR of Bank of Poland is a claim on 2 shares of the bank trading on the Polish exchange. Each share is worth 32 PLN (polish zloty). If the PLN is currently trading in the spot currency market at 0.23 USD/PLN, what should be the approximate price of the ADR in the US market?

2. What is the difference between a private versus public bond offering.

Reference no: EM131955627

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