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A dividend policy based on tax issues will call for a dividendwhen The tax on ordinary income is greater than the capital gainstax The tax
A dividend policy based on tax issues will call for a dividendwhen
- The tax on ordinary income is greater than the capital gainstax
- The tax on ordinary income is less than the capital gainstax
- The tax on ordinary income is equal to the capital gainstax
- The tax on ordinary income is greater than the company'WACC
- None of the other answer
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
