Which of the following U.S. investors have tax reasons to prefer companies that pay out cash by

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Which of the following U.S. investors have tax reasons to prefer companies that pay out cash by repurchases instead of cash dividends? Which should not care?
a. A pension fund
b. An individual investor in the top income-tax bracket
c. A corporation
d.
An endowment for a charity or university
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Principles of Corporate Finance

ISBN: 978-1259144387

12th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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