If the tax rate on dividends and the tax rate on capital gains are the same,then investors are indifferent to dividend policy.

Name: If the tax rate on dividends and the tax rate on capital gains are the same,then investors are indifferent to dividend policy.
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Investors might still have preferences due to factors like the timing of tax payments, the effect of dividend policies on stock prices, and their personal investment strategies or income needs.

If the Tax Rate on Dividends and the Tax Rate