The firm announces its intention to buy shares of its own stock, like an ordinary investor, and
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Question:
The firm announces its intention to buy shares of its own stock, like an ordinary investor, and proceeds to do so. What method is described in the preceding situation?
Direct negotiation
Open-market transaction
Tender offer
Auction
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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