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If you ignore information effects, taxes and costs, a stock repurchase will: I. reduce the total assets of a firm. II. decrease the earnings per
If you ignore information effects, taxes and costs, a stock repurchase will: I. reduce the total assets of a firm. II. decrease the earnings per share. III. reduce the PE ratio more so than an equivalent stock dividend. IV. reduce the total equity of a firm. A. I and III only B. I and IV only C. II and IV only D. I, III, and IV only E. II, III, and IV only
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