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Zandi has been informed that her board is suggesting that her company repurchase its own shares. What would justify this course of action? Select one:

Zandi has been informed that her board is suggesting that her company repurchase its own shares. What would justify this course of action?
Select one:
It would decrease earnings per share (EPS)
The company want to invest in new value-creating projects
The board have excess resources at their disposal but no new value-creating projects to invest in
The board feels this is a good way to increase financial ratios permanently
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