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A corporate charter specifies that the company may issue up to 20 million shares of stock. The company sells 12 million shares to investors and later buys back 3 million shares. The current number of shares of treasury stock after these transactions have been accounted for is: A. 17 million shares. B. 8 million shares. C. 9 million shares. D. 3 million shares.
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A corporate charter specifies that the company may issue up to 20 million shares of stock. The compa...
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