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A firm will repurchase its own shares in the market because it can stabilize themarket price. the firm believes the shares are selling too low.
A firm will repurchase its own shares in the market because
- it can stabilize themarket price.
- the firm believes the shares are selling too low.
- it could eventually provide benefit to shareholders.
- all of these options are correct.
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
