Question: Which statement is false? A. Only financial institutions can provide financial intermediation. B. A corporation is not required to pay a dividend to its common

Which statement is false?

  • A. Only financial institutions can provide financial intermediation.
  • B. A corporation is not required to pay a dividend to its common shareholders.
  • C. As a general rule, a lower beta indicates a less risky stock in a well-diversified portfolio.
  • D. Shareholders can vote by proxy for members of the board of directors, but they are not required to vote that way.

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