Question
Which of the followings is true? Managers generally prefer cash dividends to stock repurchases because of flexibility. Shareholders generally prefer stock repurchases to cash dividends
Which of the followings is true?
Managers generally prefer cash dividends to stock repurchases because of flexibility.
Shareholders generally prefer stock repurchases to cash dividends because of taxes.
Companies generally prefer stock repurchases to cash dividends because of taxes.
Managers generally prefer cash dividends to stock repurchases because of their stock options.
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
