The most important difference between stock repurchases and cash dividends is that they:
I. Benefit different groups
II. Have different effects on corporate cash flow
III. May have different tax consequences
A) I only
B) II only
C) III only
D) I, II, and III

Question

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The Answer of The most important difference between stock repurchases and cash dividends is that they:
I. Benefit different groups
II. Have different effects on corporate cash flow
III. May have different tax consequences
A) I only
B) II only
C) III only
D) I, II, and III

The Most Important Difference Between Stock Repurchases and Cash Dividends