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A corporate charter specifies that the company may issue up to 35 million shares of stock. The company sells 27 million shares to investors

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A corporate charter specifies that the company may issue up to 35 million shares of stock. The company sells 27 million shares to investors and later buys back 10.5 million shares. The current number of shares of treasury stock after these transactions have been accounted for is: 6 Multiple Choice 17.0 million shares. 25.0 million shares. 10.5 million shares.. 8.0 million shares.

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