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A Firm Announces That It Is Willing to Repurchase a Number

Question 21

Multiple Choice

A firm announces that it is willing to repurchase a number of shares at various prices and shareholders have the option to indicate how many shares they are willing to sell at the various prices.This process is called a:


A) homemade dividend.
B) tender offer.
C) free market sale.
D) Dutch auction.
E) targeted repurchase.

Correct Answer:

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