Question
Which one of the following is an argument in favor of a low dividend policy? A . A majority of stockholders have other investment opportunities
Which one of the following is an argument in favor of a low dividend policy?
A A majority of stockholders have other investment opportunities that offer higher rewards with similar risk characteristics.
B Corporate tax rates exceed personal tax rates.
C Personal tax rates exceed corporate taxes.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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