Q8a. Investors generally view stock repurchase as a positive action taken by the corporation. Please name and describe at least two ways in which stock repurchase may benefit investors.

Q8b. Name and discuss at least two considerations in the dividend vs. repurchase decision.

Q8c. Based on our discussions on the Apple case (Case 2), why did Apple adopt such an aggressive payout policy that returns tens of billions of dollars to its shareholders every year?