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stranahan stranahan
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7 years ago
Which of the following is generally NOT TRUE of stock repurchase plans?
A) Stock repurchase plans effectively allow shareholders to choose their own dividend policy.
B) About 30% of announced stock repurchase plans are fully completed.
C) Stockholders who sell all or part of their shares back to the firm as part of an announced stock repurchase plan pay taxes at an ordinary rate rather than the capital gains rate because the IRS recognizes these plans as thinly veiled attempts to reduce stockholder tax liabilities.
D) About 35% of announced stock repurchase plans are never started.
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Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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Decrepit_Decrepit_
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7 years ago
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stranahan Author
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7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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