Question
The firm announces its intention to buy shares of its own stock, like an ordinary investor, and proceeds to do so. What method is described
The firm announces its intention to buy shares of its own stock, like an ordinary investor, and proceeds to do so. What method is described in the preceding situation?
Direct negotiation
Open-market transaction
Tender offer
Auction
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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