Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R

Assertion A: Cross listing can potentially increase the stock price and lower the cost of capital

Reason R: Cross listing facilitates wider stock ownership and expands invester base for a firm's stock

In the  light of the above statements, choose the correct answer from the options Given below:

1
Both A and R are true and R is the correct explanation of A
2
Both A and R are true and R is NOT correct explanation of A
3
A is true but R is false
4
A is false but R is true

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