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D4. A reason that some investors may prefer dividends over capital gains include: (1 point) A. Firms prefer the tax benefits of debt financing over

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D4. A reason that some investors may prefer dividends over capital gains include: (1 point) A. Firms prefer the tax benefits of debt financing over problems caused by potential bankruptcy B. Some investors have a long time horizon, so they are going to reinvest their dividends and worry about taxes when they sell their positions much later in life. C. Some investors, such as retirees, may prefer a sure dividend over an uncertain future capital gain; D. Trick question: Investors don't care about dividends or capital gains E None of the above

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