In Canada, Investors Would Prefer a Stock Repurchase to a Cash

Multiple Choice

In Canada, investors would prefer a stock repurchase to a cash dividend since

A) stock repurchases provide the investor with an option, the investor can sell his securities or keep them.
B) the investor can control whether he/she wants taxable income or not.
C) capital gains are taxed more favourably than dividend income.
D) all of the above.