One Reason a Firm May Repurchase Its Own Shares Is

question 55

Multiple Choice

One reason a firm may repurchase its own shares is

• A)Management views the firm's future prospects to be bright
• B)To go public
• C)To qualify for an exchange listing
• D)To adhere to SEC requirements on number of shares outstanding

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Definitions:

Binary File

A file that contains data in binary format, essentially any file that is not a text file, allowing for storing and reading data in a format specific to the application.

Input Stream

A stream that reads data from a source, such as a file, network connection, or keyboard input, into a program.

Binary File

A file type that contains data in binary form, typically not human-readable, used for storing complex data like images, audio, or compiled programs.

Binary File

A type of computer file that contains data in binary format, as opposed to text format, making it non-human readable.