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    Contemporary Financial Management Study Set 2
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    Exam 185: Dividend Policy
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    When a Firm Purchases Its Own Stock in the Open
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When a Firm Purchases Its Own Stock in the Open

Question 10

Question 10

Multiple Choice

When a firm purchases its own stock in the open market, the repurchased shares become known as ____.


A) treasury stock
B) preferred stock
C) option stock
D) reinvestment stock

Correct Answer:

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