The optimal dividend policy for a firm is always ________.
A) to pay the maximum possible reasonable dividend
B) different for different clienteles of shareholders
C) to pay no dividend at all in a world in which both capital gains and dividends are taxed
D) to pay the same-size dividend every year
Correct Answer:
Verified
Q21: John is in a high income-tax bracket
Q22: Which of the following is NOT a
Q23: Low-dividend-payout policy may require less need for
Q24: Investors who wish to avoid paying taxes
Q25: In a world of taxes but no
Q27: In a world with no taxes and
Q28: Which of following is a reason for
Q29: Low-dividend stocks are preferred by clients who
Q30: All investors want the maximum amount of
Q31: Which of following is a reason for
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