2.5 Rhonda and Reggie need not avoid high-dividend stocks. They can reinvest the dividends and keep reinvesting
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2.5 Rhonda and Reggie need not avoid high-dividend stocks. They can reinvest the dividends and keep reinvesting until it's time to pay the tuition bills. (They will have to pay taxes on the dividends, however, which could affect their investment strategy. We discuss dividends and taxes in Chapter 17.)
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Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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