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30 minutes please and thank you! I always upvote Question 2 (parts a and b) (a) Briefly explain within 50 words why managers may prefer
30 minutes please and thank you! I always upvote
Question 2 (parts a and b)
(a) Briefly explain within 50 words why managers may prefer share repurchases over dividends when managers are compensated primarily by stock options. (5 marks)
(b) Briefly explain within 50 words managers may be reluctant to reduce dividends under a stable (progressive) dividend policy. (5 marks)
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