Which of the following U.S. investors have tax reasons to prefer companies that pay out cash by

Question:

Which of the following U.S. investors have tax reasons to prefer companies that pay out cash by repurchases instead of cash dividends? Which should not care?
a. A pension fund
b. An individual investor in the top income-tax bracket
c. A An endowment for a charity or university
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...