Question
Which of the following is not an advantage of stock repurchases versus cash dividends: a The shareholder chooses when to incur the tax liability. b
Which of the following is not an advantage of stock repurchases versus cash dividends:
a The shareholder chooses when to incur the tax liability.
b Earnings per share rises, all else equal.
c Shareholders must sell their stock if the company is repurchasing it.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
