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In a Dutch Auction, ________

Question 21

Multiple Choice

In a Dutch auction, ________.


A) a firm offers to repurchase a fixed number of shares, at a discount
B) a firm offers to repurchase a fixed number of shares, at a premium
C) a firm specifies a range of prices at which it is willing to repurchase shares and the quantity of shares that it desires
D) a firm enables stockholders to use dividends received on the firm's stock to acquire additional shares

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