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Imagine a firm has 100 million shares currently trading on the NYSE. The firm issues 20 million new shares, and repurchases 5 million shares

Imagine a firm has 100 million shares currently trading on the NYSE. The firm issues 20 million new shares, and repurchases 5 million shares one month later. What is the total change in treasury stock? What is the total change in the number of issued shares? What is the total change the number of shares outstanding?

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