Answer:See explanation
Step-by-step explanation:
Your question isn't complete. But let's slot some values into the question in order to give you an idea on how to solve it.
Some companies cross-list their shares, meaning that their stock trades on more than one stock exchange. Forexample, BlackBerry Limited, the maker of BlackBerry mobile devices, trades on both the Toronto StockExchange and NASDAQ. If its price in Toronto is 56 Canadian dollars per share and anyone can exchange Canadian dollars for U.S. dollars at the rate of US$0.87 per C$1.00, what must BBRY's price be on NASDAQ?
Price in Toronto is given as:
= C$ 56 per share
Exchange rate is given as:
= US $ 0.87 per C$ 1.00
Therefore, BBRY's price be on NASDAQ will be:
= (56/1) x 0.87
= $48.72
Hence, BBRY's price be on NASDAQ will be $48.72