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