26. Payout and taxes (S15.4) Which of the following U.S. investors have tax reasons to prefer companies
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26. Payout and taxes (S15.4) Which of the following U.S. investors have tax reasons to prefer companies that pay out cash by repurchases instead of cash dividends? Which should not care?
a. A pension fund.
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Related Book For 
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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