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Sep 5, 2021 at 23:37 comment added AKdemy This is called treasury stock method in accounting (IFRS). Worked example 2 from Deloitte's IAS plus website shows this too. For the CFA, make sure you also study what chapter asks what concept. Else you will find it hard to know what is asked sometimes.
Sep 4, 2021 at 18:14 history edited Bob Jansen CC BY-SA 4.0
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Sep 4, 2021 at 17:20 vote accept Chris
Sep 4, 2021 at 12:27 history answered Bob Jansen CC BY-SA 4.0