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Which of the following statements is correct? a. Stock repurchases make sense if a company expects to have a lot of profitable new projects to

Which of the following statements is correct? a. Stock repurchases make sense if a company expects to have a lot of profitable new projects to fund over the next few years, provided investors are aware of these investment opportunities. b. One advantage of an open market dividend reinvestment plan is that it provides new equity capital and increases the shares outstanding. c. One advantage of dividend reinvestment plans is that they enable investors to postpone paying taxes on the dividends credited to their account. d. One disadvantage of dividend reinvestment plans is that they increase transactions costs for investors who want to increase their ownership in the company

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