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A dividend policy based on tax issues will call for a dividend when The tax on ordinary income is greater than the capital gains tax
- A dividend policy based on tax issues will call for a dividend when
- The tax on ordinary income is greater than the capital gains tax
- The tax on ordinary income is less than the capital gains tax
- The tax on ordinary income is equal to the capital gains tax
- The tax on ordinary income is greater than the company' WACC
- None of the other answer
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
