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Which of the following statements is true? Multiple Choice A share repurchase program decreases both the number of shares outstanding and the market price per

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Which of the following statements is true? Multiple Choice A share repurchase program decreases both the number of shares outstanding and the market price per share. Share repurchases do not impact the company's income statement. Share repurchases require all shareholders to sell a fraction of their shares. Share repurchases are preferred over high dividends only by tax-exempt shareholders. A share repurchase has the same effect as a cash dividend as long as there are no taxes or other costs

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