All the statements about DRIPS below are false EXCEPT: Allows a shareholder to direct their dividend to

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All the statements about DRIPS below are false EXCEPT:

Allows a shareholder to direct their dividend to purchase additional shares in the company

Companies must issue a dividend if the DRIP option of payment is chosen

Taxation for DRIPS are similar to that of coupons for bonds

DRIPS are taxed as capital gains for tax purposes

Related Book For answer-question

Managing Business Ethics Making Ethical Decisions

ISBN: 9781506388595

1st Edition

Authors: Alfred A. Marcus, Timothy J. Hargrave

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Posted Date: Dec 22, 2023 05:50 AM

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All the statements about DRIPS below are false EXCEPT: Allows a shareholder to direct their dividend to

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Managing Business Ethics Making Ethical Decisions

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