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Which of the following are factors that favor a high dividend policy? I. stockholders desire for current income II. tendency for higher stock prices for
Which of the following are factors that favor a high dividend policy?
I. stockholders desire for current income
II. tendency for higher stock prices for high dividend paying firms
III. investor dislike of uncertainty
IV. high percentage of tax-exempt institutional stockholders
A. I and III only
B. II and IV only
C. I, III, and IV only
D. II, III, and IV only
E. I, II, III, and IV
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