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Which of the following real-world factors favors a high dividend payout? A desire by many individuals for current income. Restrictions on a company's ability to

image text in transcribed Which of the following real-world factors favors a high dividend payout? A desire by many individuals for current income. Restrictions on a company's ability to pay dividends. Higher effective tax rates on dividend income compared to capital gains. High flotation costs for corporations when issuing new stock. All of the above favor a high dividend payout

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