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What is the impact of a stock repurchase on a companys: (i)debt and (ii)debt to equity ratio? (iii) share repurchases are sometimes used to deal

What is the impact of a stock repurchase on a companys: (i)debt and (ii)debt to equity ratio? (iii) share repurchases are sometimes used to deal with excess cash. What is an alternate use for excess cash?

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