An Alternative to a Cash Dividend Payment by the fiRm

question 373

Multiple Choice

An alternative to a cash dividend payment by the firm from its earnings to the shareholders, achieved by the firm buying some of its outstanding stock on the open market, is a:

• A) Merger.
• B) Tender offer.
• C) Payment-in-kind.
• D) Stock split.
• E) Share repurchase.

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Definitions:

DSM-III

The third edition of the Diagnostic and Statistical Manual of Mental Disorders, a publication by the American Psychiatric Association that classifies mental disorders using specific criteria.

Dimensional

An approach to diagnosis that examines constructs on a continuum rather than as discrete categorical entities.

Field Trials

Experimental research conducted in real-life situations outside of the laboratory to assess the efficacy of interventions.

Multiaxial Classification

A system used in psychiatry that assesses multiple aspects of a patient's condition across several axes or domains.