Problem: If a company issued 100 shares of stock for 2$ par, then bought back 50 shares for 1$ each, what amount of gain or loss would the company recognize?

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If a company issued 100 shares of stock for 2$ par, then bought back 50 shares for 1$ each, what amount of gain or loss would the company recognize?

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Based on our data, we think this problem is relevant for Professor Cainas' class at USF.