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Which of the following is the most likely reason for a corporation to cut its dividend? Select one: a. To make the firm more attractive

Which of the following is the most likely reason for a corporation to cut its dividend?

Select one:

a.

To make the firm more attractive to growth oriented investors.

b.

Because the company believes that existing dividend levels are no longer sustainable.

c.

To keep the firm's price within its optimal range

d.

To shelter the shareholders from double taxation.

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