A Firm Most Likely Will Repurchase Shares of Its Common

A firm most likely will repurchase shares of its common stock in the financial markets when _______. 

A) the price of the firm's stock is overvalued
B) management wants to increase the ownership control of the outside investors
C) the firm has a large amount of cash and a number of good investment opportunities that will grow the firm
D) common stockholders are the last to receive proceeds from liquidation
E) the returns on the firm's stock is generated by solely by capital gains