Which of the following statements about dividend policies is correct?
A) Stock splits, stock dividends, and reverse splits are all designed to make the firm's shares more appealing to the average investor.
B) Dividend reinvestment plans are designed to aid in the distribution of stock dividend.
C) The key advantage of a residual dividend policy is that it enables a company to follow a stable dividend policy.
D) The main goal of the share repurchases is solely to avoid taxes for investors.
Correct Answer:
Verified
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