The net effect of a stock repurchase is
A. similar to the payment of a stock dividend.
B. similar to a cash dividend.
C. similar to a stock split.
D. similar to a reverse stock split.
Answer:B
The net effect of a stock repurchase is
A. similar to the payment of a stock dividend. B. similar to a cash dividend. C. similar to a stock split. D. similar to a reverse stock split.