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Which of the following is a good justification for Neptune Corporation following a policy of low dividends are best? I. Dividends are taxed when received
Which of the following is a good justification for Neptune Corporation following a policy of "low dividends are best?"
I. Dividends are taxed when received
II. Taxes on dividends can be deferred until the stock is sold
III. Taxes on capital gains can be deferred until the stock is sold
Group of answer choices
Only Statement III is correct
Only statement I is correct
Only statements II and III are correct
Only Statement II is correct
Only statements I and III are correct
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