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On the average, the announcement of an open-market repurchase program can be viewed by investors...

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Finance

On the average, the announcement of an open-market repurchase program can be viewed by investors as

A. very bad news, and the stock price plunges.

B. bad news, and the stock price drops.

C. a nonevent that does not affect the stock price.

D. good news, and the stock price increases.

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