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Which of the following is not a reason for a corporation to purchase treasury stock? Select one: a. To have additional shares available for
Which of the following is not a reason for a corporation to purchase treasury stock? Select one: a. To have additional shares available for use in acquiring other companies b. To reduce the number of shares outstanding and increase earnings per share c. To signal to the market that management believes the stock is overpriced d. To reissue the shares to officers under compensation plans
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