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samualson samualson
wrote...
Posts: 2459
5 years ago
When a company repurchases its own common stock, it is likely that
A) the stock price will increase because the company views the stock as undervalued.
B) the stock price will decrease because the company is creating artificial demand for its stock.
C) the stock price will remain the same as this is simply an internal transaction.
D) the board of directors will be fired for incompetence.
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wrote...
5 years ago
 A
 
samualson Author
wrote...
5 years ago
Tremendous help, I just double-checked it with my friend Smiling Face with Open Mouth
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