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Stock Repurchases

Question 47

Multiple Choice

Stock repurchases:


A) are perfectly okay with the IRS even though they convert ordinary dividend income into capital gains which are taxed at lower rates.
B) must be accomplished on the open market through brokers to comply with SEC regulations.
C) may be advisable after a stock market crash if management feels the company's stock price is temporarily depressed.
D) All of the above

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