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4. Repurchases An article on stock repurchase in the Los Angeles Times noted: An increasing number of companies are finding best investment they can make

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4. Repurchases An article on stock repurchase in the Los Angeles Times noted: "An increasing number of companies are finding best investment they can make these days is in themselves." Discuss this view. How is the desirability of repurchase affected by company prospects and the price of its stock

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