Question: Problem 1 0 ( 5 marks ) Suppose you own 1 0 0 shares of IBM stock which you intend to sell today. Since you

Problem 10(5 marks)
Suppose you own 100 shares of IBM stock which you intend to sell today. Since you will sell it in the
secondary market, IBM will receive no direct cash flows as a consequence of your sale. Why, then, should
IBM's management care about the price you get for your shares?
Problem 10(5 marks) Suppose you own 100 shares of IBM stock

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