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From a non tax-paying investor's point of view, a stock repurchase: Group of answer choices is more highly taxed than a cash dividend. is equivalent

From a non tax-paying investor's point of view, a stock repurchase:

Group of answer choices

is more highly taxed than a cash dividend.

is equivalent to a cash dividend.

is more desirable than a cash dividend.

creates a tax liability even if the investor does not sell any of the shares he owns.

has better tax effects than a cash dividend.

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