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Which of the following is a reason a firm would repurchase its own shares? A. It believes the market value of its shares are overvalued

Which of the following is a reason a firm would repurchase its own shares?

  • A. It believes the market value of its shares are overvalued
  • B. It wants to increase the number of shares outstanding used to calculate earnings per share
  • C. Both of the above
  • D. Neither of the above

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