The market where a company would go to issue stock or bonds is the... Seasoned Market Secondary Market Primary Market Treasury Market QUESTION 15 Which of the following is true? The higher the dividend payout the lower the internal growth rate will be A high-dividend payout is always associated with a high stock price The higher the dividend payout the higher the retention ratio will be The law requires a high-dividend payout when stock prices are high QUESTION 16 In finance investment policy should be designed to make good investments charge high interest rates accomplish the overall goal of the organization determine lending limits