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3. Which of the following is NOT one of the common reasons for a firm to buy back its own stock? OA Management wants to

Which of the following is NOT one of the common reasons for a firm to buy back its own stock?

OA Management wants to remove some shares from the market in order to encourage a hostile takeover

OB. Management wants to increase earnings per share by reducing the number of shares of stock outstanding

OC Management feels that the stock is selling for an unusually low price and is a good buy

OD. Management wants to stimulate trading in the company's stock

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