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A corporation purchases 3 0 , 0 0 0 shares of its own HK$ 2 0 par ordinary shares for HK$ 3 5 per share,
A corporation purchases shares of its own HK$ par ordinary shares for HK$ per share, recording it at cost What will be the effect on total equity?
Select one alternative:
Decrease by HK$
Increase by HK$
Increase by HK$
Decrease by HK$
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