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Which of the following decisions always benefits a firm's existing shareholders? a. Paying free cash flows as either dividends or through stock repurchases, whichever is
Which of the following decisions always benefits a firm's existing shareholders? a. Paying free cash flows as either dividends or through stock repurchases, whichever is most tax efficient. O b. All of these answers. OC. Investing in publicly traded securities on behalf of shareholders. d. Retaining excess cash flows so that management may pursue projects in the future. e. Reinvesting cash flows in positive NPV projects
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