Your income is exempt from taxes. Considering this fact, which of the following is true? O a. You will always prefer your firm to retain its earnings and grow faster so that you can enjoy capital gains, O b. You will want to invest in tax free government bonds O c. You will always choose your stocks based on whether they offer a high or a low dividend payout O d. You will always go for low dividend - high growth stocks e. You will be indifferent between receiving dividends or capital gains