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Select all that apply Which of the following statements are true? Multiple select...

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Accounting

Select all that apply

Which of the following statements are true?

Multiple select question.

Firms may reacquire their own common shares because they believe they are overvalued at the current market price.

Firms may reacquire their own common shares for employee stock option redemptions.

Firms may reacquire their own common shares to redistribute surplus cash to shareholders.

Firms are prohibited from reacquiring their common shares.

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