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Which of the following is not a financing activity? a. Issuing bonds for cash. b. Selling an investment in IBM stock for cash. c. Purchasing

Which of the following is not a financing activity? a. Issuing bonds for cash. b. Selling an investment in IBM stock for cash. c. Purchasing a company's own stock (treasury stock) for cash. d. Making a cash payment to repay a bank loan.

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