Question
Shareholders may prefer that the firm repurchase shares rather than pay a cash dividend: for tax reasons. as the investor wants to buy more shares
Shareholders may prefer that the firm repurchase shares rather than pay a cash dividend:
for tax reasons.
as the investor wants to buy more shares in the future.
if the firm has excess cash.
if it benefits shorter-term investors rather than longer-term shareholders.
answer is for tax reasons
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CISA Certified Information Systems Auditor All In One Exam Guide
Authors: Peter H. Gregory
4th Edition
1260458806, 978-1260458800
