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Which one of the following statement is correct? a. Cash dividends will increase existing shareholder value b. Issuing new shares at below market price will

Which one of the following statement is correct?

a. Cash dividends will increase existing shareholder value b. Issuing new shares at below market price will make existing shareholder worse-off c. Extra cash dividends raised by share issues will benefit new shareholders d. Share repurchase will decrease the stock price, and reduce existing shareholder value

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