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Which one of the following statements is correct? A. cash dividend has no effect on the market value per share B. a stock repurchase increases

Which one of the following statements is correct?

A. cash dividend has no effect on the market value per share

B. a stock repurchase increases the market value per share

C. stock repurchases are more tax advantages than are cash dividends

D. a stock repurchase increases the book value of shareholders' equity

The answer is C, please explain why the other three are wrong.

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