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Suppose You Own 100 Shares of Vodafone Which You Intend

Question 45

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Suppose you own 100 shares of Vodafone which you intend to sell today.Since you will sell it in the secondary market, Vodafone will receive no direct cash flows as a consequence of your sale.Why, then, should Vodafone's management care about the price you get for your shares?

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The current market price of Vodafone equ...

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