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5. Assume that a company is based in a country that has no taxes on dividends and capital gains. The company is considering either paying
5. Assume that a company is based in a country that has no taxes on dividends and capital gains. The company is considering either paying a special dividend or repurchasing its own shares. Shareholders of the company would have A. greater wealth if the company paid a special cash dividend. B. greater wealth if the company repurchased its shares. C. the same wealth under either a cash dividend or share repurchase program
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