Which one of the following statement is correct? a. Cash dividends will increase existing shareholder...

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Accounting

Which one of the following statement is correct?

a. Cash dividends will increase existing shareholder value b. Issuing new shares at below market price will make existing shareholder worse-off c. Extra cash dividends raised by share issues will benefit new shareholders d. Share repurchase will decrease the stock price, and reduce existing shareholder value

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