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Question 10 1 pts Which of the following statements correctly describes the link between share buybacks and a firms earnings per share? EPS will likely
Question 10 1 pts Which of the following statements correctly describes the link between share buybacks and a firms earnings per share? EPS will likely increase and reflect an increase in firm value where the firm funds the buyback through the sale of quality assets that are core to the company's operations None of the other answers is correct By construction, a buyback will result in an increase in EPS because the number of shares on issue will fall. EPS will probably not increase if the buyback is funded through the distribution of cash flows that are surplus to the company's investment needs. More than one of the other answers is correct
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