Katherine is in favour of a share repurchase. She argues that a repurchase will increase the companys

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Katherine is in favour of a share repurchase. She argues that a repurchase will increase the company’s P/E ratio, return on assets, and return on equity. Are her arguments correct? How will a share repurchase affect the value of the company?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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