Question: Which statement is correct? Multiple Choice a. Most repurchases are mandatory. Investors are obliged to sell part of their holding back to the company. b.

Which statement is correct?

Multiple Choice

a. Most repurchases are mandatory. Investors are obliged to sell part of their holding back to the company.

b. Companies like to smooth repurchases.

c. Corporations are much more willing to cut repurchases than dividends

d. Stock that has been repurchased must be put in the firm's treasury and cannot be resold

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