Generally, firms engage in stock repurchases during: I Boom times as firms accumulate excess cash II Recessions due to low stock prices III Times when competitors stock prices are dropping. Group of answer choices I only II only III only I, II, and III

Question 3 0.2 pts Generally, firms engage in stock repurchases during: | Boom times as firms accumulate excess cash 11 - Recessions due to low stock prices III - Times when competitors' stock prices are dropping. O I only O II only III only O I, II, and