From the Firm's Point of View, a Major Advantage of Share

question 92

Multiple Choice

From the firm's point of view, a major advantage of share repurchases over cash dividends is

• A)a commitment to maintain or increase repurchases every year.
• B)a stronger signal about the firm's financial strength.
• C)that they restrain agency costs.
• D)that the repurchases imply no commitment to pay the same amount or more every year.

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Definitions:

J1939 Data Bus

A communication protocol based on CAN (Controller Area Network) used for electronic control units (ECUs) primarily in heavy-duty vehicles.

Stub Extending

Refers to adding an extension to a stub, which is a short length of pipe or tube used in piping systems or in programming to serve as a placeholder for future code.

Permitted Length

The maximum allowable length of a vehicle or combination of vehicles (e.g., truck and trailer) as regulated by jurisdictional road use laws.

Data Bus

A communication system that transfers data between components inside a computer or between computers.