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    Exam 33: Life and Death of a Corporation
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    MegaCorp Purchased 10,000 Shares of Its Own Stock That Had
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MegaCorp Purchased 10,000 Shares of Its Own Stock That Had

Question 27

Question 27

Multiple Choice

MegaCorp purchased 10,000 shares of its own stock that had previously been owned by private investors.The stock MegaCorp repurchased is called


A) authorized and unissued.
B) authorized and issued.
C) treasury stock.
D) repurchased stock.

Correct Answer:

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