TB MC Qu. 15-7 The following statements are true... The following statements are true of dividend reinvestment plans (DRIPs): 1) They are offered by the companies to their shareholders. 2) Generally, new shares are issued at a discount. 3) The dividends are taxable as ordinary income. Multiple Choice O O O 1 only 1 and 3 only 1, 2, and 3 3 only

TB MC Qu. 15-7 The following statements are true... The following statements are true of dividend reinvestment plans (DRIPs): 1) They are offered by the companies to their shareholders. 2) Generally, new shares are issued at a discount. 3) The dividends are taxable as ordinary income. Multiple Choice 1 only 1 and 3 only 1,2 , and 3 3 only