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Which of the following is true about share repurchases? (0) Firms tend to buyback shares when its stock price is high (1) Firms tend to

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Which of the following is true about share repurchases? (0) Firms tend to buyback shares when its stock price is high (1) Firms tend to buyback shares when its stock price is low (HD) Share buyback generally increase during recessions (II) & (III) O (10) O (I) & (UD) O

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