MegaCorp purchased 10,000 shares of its own stock that had previously been owned by private investors.The stock MegaCorp repurchased is called

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The stock MegaCorp repurchased is called treasury stock, which is stock that has been issued and then repurchased by the issuing company. The other options (authorized and unissued, authorized and issued, and repurchased stock) do not accurately describe the type of stock MegaCorp purchased.

MegaCorp Purchased 10,000 Shares of Its Own Stock That Had