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Find the relative maxima and relative minima, if any, of the function. Otherwise, answer none.
Relative maxima: __________
Relative minima: __________
Repurchase Shares
The action by a company to buy back its own shares from the marketplace, reducing the amount of outstanding stock.
Deceased Shareholder
A situation where a shareholder of a company passes away, triggering legal and financial actions regarding the ownership of the shares.
Flotation Costs
Expenses incurred by a company in issuing new securities, including underwriting fees, legal fees, and registration fees.
Financial Leverage
The use of borrowed money to increase the potential return of an investment.
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