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All the following are reasons a company may purchase treasury stock EXCEPT FOR... O A. The company needs shares to provide to employees as compensation.

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All the following are reasons a company may purchase treasury stock EXCEPT FOR... O A. The company needs shares to provide to employees as compensation. O B. The company believes its stock is undervalued and the act of purchasing treasury stock will signal that to the market. O C. The company is looking to return excess cash resources to its investors. O D. The company does not want to set overly high expectations for Earnings per Share and, therefore, purchases treasury stock to decrease Earnings per Share

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