1. Assume that the tax on dividends and the tax on capital gains is the same. All else equal, what would a prudent investor prefer? A.The prudent investor would be indifferent between receiving dividends or capital gains. B. The prudent investor would prefer dividends?a dollar today is always worth more than a dollar to be received in the future. C. The prudent investor would prefer capital gains?the capital gain tax liability can be deferred until gains are realizedD. More information is needed