You own shares in a firm that has extra cash on hand to distribute to stockholders. You

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You own shares in a firm that has extra cash on hand to distribute to stockholders. You do not want the cash. What course of action would you prefer the firm take?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:19 AM

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You own shares in a firm that has extra cash on hand to distribute to stockholders. You

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You would prefer that the firm initiate a share repurchase You can opt not so sell ...View the full answer

Fundamentals of corporate finance

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