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7 . A company would repurchase its own stock for all of the following reasons except a . it needs the stock for employee bonuses.

7. A company would repurchase its own stock for all of the following reasons except
a. it needs the stock for employee bonuses.
b. it wishes to make an investment in its own stock.
c. it wishes to prevent unwanted takeover attempts.
d. it wishes to improve the company's financial ratios.

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