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Which of the following can't be used to explain why stock repurchase became more popular after the late 1990 s? Stock repurchase is more flexible

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Which of the following can't be used to explain why stock repurchase became more popular after the late 1990 s? Stock repurchase is more flexible than dividends Management compensation is tied to more stock options The changing investor profiles to more institutional investors makes stock repurchase more popular Capital gains are taxed at a higher rate than dividends

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