Stockholders who seek to defer taxes prefer capital gains to dividends.
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Q12: A cash dividend reduces the firm's assets.
Q13: If a firm does not pay cash
Q14: Federal income taxes favor the retention of
Q15: Pre-emptive rights mean that current stockholders have
Q16: If a stock is selling for $90
Q18: Dividends reinvested are not subject to federal
Q19: A 5% stock dividend reduces a firm's
Q20: The owners of a corporation elect the
Q21: Dividend reinvestment plans are a convenient means
Q22: If a stock's price is $90 and
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