Question: the second choice is wrong, so what is the right answer? Incorrect Question 5 0/1 pts Which of the following considerations should NOT be related

the second choice is wrong, so what is the right answer?

Incorrect Question 5 0/1 pts Which of the following considerations should NOT be related to management's concerns when setting a stock repurchase policy? Over the long term, how much does a company's level of earnings exceed its investment requirements? How certain is this level? Is the stock currently undervalued? Can the management add value to the company by initiating a stock repurchase? Can a firm quickly raise equity capital if necessary? Does a firm have enough financial reserves to meet the short-term obligations in periods when earnings are down or investment requirements are up

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