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Figure 10-9
-Refer to Figure 10-9. Which graph represents a market with a negative externality?
IRS
Stands for Internal Revenue Service, the U.S. government agency responsible for tax collection and tax law enforcement.
Stock Repurchases
Stock repurchases, also known as share buybacks, occur when a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.
Dividends
Dividends are a portion of a company's earnings distributed to its shareholders as determined by the company's board of directors.
Ex-Dividend Date
The date on which a stock begins trading without the entitlement to receive the next declared dividend, meaning buyers from this date forward will not receive the dividend.
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