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Special Episode: What’s Wrong with Buybacks?

All Else Equal: Making Better Decisions

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What Happens When the Firm Issues Shares?

The oil equal argument is if the issue shares, the supply of shares as gone up. But you cannot hold all else equal, because the demand, of course, is commensurately going to go up as well. So that in the end, the price stays exactly the same. Think that the way to explain this is through what i do in class alotis with the wharton investment club example. I think it will make it clear what the forces are at play here.

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