Multiple Choice
A corporation may wish to repurchase some of its shares for all of the following reasons EXCEPT:
A) The stock may be needed for future mergers.
B) The corporation's executives will financially benefit if the stock is resold later at a substantial profit.
C) It can stabilize or increase the market price of the stock.
D) The stock may be needed for an employee compensation plan.
Correct Answer:
Verified
Correct Answer:
Verified
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