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Which of the following is NOT a reason for shareholders prefer stock repurchase to cash dividend? O a.stock repurchase allows shareholders have flexibility to receive
Which of the following is NOT a reason for shareholders prefer stock repurchase to cash dividend? O a.stock repurchase allows shareholders have flexibility to receive cash payout from their firm O b.cash received from stock repurchase is taxed less than cash dividend received O c. the adminitrative cost of stock repurchase is less than that of paying cash dividend O d. management can benefit more from stock repurchase than cash dividend
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