A(n)________ Is the Most Common Way That Firms Repurchase Shares

question 87

Multiple Choice

A(n) ________ is the most common way that firms repurchase shares.

• A)targeted repurchase
• B)Dutch auction share repurchase
• C)tender offer
• D)open market share repurchases

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Definitions:

Original Issue Discount

The difference between the face value of a bond and its offering price when the bond is issued at a lower price.

Semiannual Coupon

A fixed income security feature that represents the payment of interest to bondholders twice a year.

Par Value

The nominal or face value assigned to a security by the issuer, which may differ from its market value.

Semiannual Coupon

A bond or other fixed-income security that pays interest to the holder every six months.