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A firm most likely will repurchase shares of its common stock in the financial markets when the price of the firm's stock is overvalued management

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A firm most likely will repurchase shares of its common stock in the financial markets when the price of the firm's stock is overvalued management wants to increase the ownership control of the outside investors the firm has a large amount of cash and a number of good investment opportunities that will grow the firm common stockholders are the last to receive proceeds from liquidation

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