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Which of the following tend to keep dividends low? I. shareholders desiring current income II. terms contained in bond indenture agreements III. the desire to
Which of the following tend to keep dividends low?
I. shareholders desiring current income
II. terms contained in bond indenture agreements
III. the desire to maintain constant dividends over time
IV. flotation costs
a.I, II, III, and IV
b.I, II, and III only
c.I and IV only
d.II and III only
e.II, III, and IV only
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