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Question 9 1 pts Which of the following statements correctly describes a suggested advantage to firms that use on- market share buybacks to distribute cash

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Question 9 1 pts Which of the following statements correctly describes a suggested advantage to firms that use on- market share buybacks to distribute cash to shareholders? More than one of the other answers is correct They can be used to distribute franking credits to shareholders. None of the other answers is correct Studies show that they are commonly used to distribute permanent increases in earnings to shareholders They can be used to signal to markets that the company is undervalued

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