$9$:$037$

$56!$

$92$

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$16$

$5$

$1$

$72\%$

Corporations purchase and hold their own stock, known as treasury stock, for several reasons. Identify which of the following is not a reason that a corporation would buy treasury stock.

Select Your Answer

To reissue them to employees

To use their shares to acquire another corporation

To show management confidence in the price

To reduce the market value of the common shares outstanding

Concept Resources

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