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123isme 123isme
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2 years ago
When a company buys back shares at a price above the fair value (PR > PB), then the price rises after the repurchase is complete. Assume an all equity company and no information effects.

▸ true

▸ false
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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NotGunnaGiveYouNotGunnaGiveYou
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2 years ago
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Helped a lot
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Just got PERFECT on my quiz
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Brilliant ツ
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