1. One reason a company may repurchase stock is because it wants to send a...

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Accounting

1. One reason a company may repurchase stock is because it wants to send a signal to the market that its shares are overvalued. T/F

2. A company's profit declines when dividends are paid because a company must recognize an expense for the amount of the dividend. T/F

3. Earnings per share is the amount a company earns and pays out as dividends for each share of common stock outstanding. T/F

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