If repurchase of stock has a favorable tax effect, why would a company ever want to pay

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If repurchase of stock has a favorable tax effect, why would a company ever want to pay a cash dividend?

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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:50 AM

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If repurchase of stock has a favorable tax effect, why would a company ever want to pay

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The Internal Revenue Service will not allow the substitution of sto...View the full answer

Fundamentals Of Financial Management

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