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A corporation may wish to repurchase some of its shares in the market for all the following reasons except: this action might maximize after-tax benefit

A corporation may wish to repurchase some of its shares in the market for all the following reasons except:

  • this action might maximize after-tax benefit to shareholders.

  • it can stabilize or increase the market price of the stock.

  • the stock may be needed for an employee compensation plan.

  • corporations may have strategic goals for the organization that may be adversely

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