Multiple Choice
Which of the following is a reason why management may prefer repurchase offers over cash dividends?
A) Repurchases signal earnings predictability.
B) Once corporations begin paying dividends, they become a legal obligation but repurchase offers do not.
C) Repurchase agreements allow management greater flexibility in deciding how much cash to distribute.
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
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