Which of the following are factors that favor a high dividend policy?
I.stockholders desire for current income
II.tendency for higher stock prices for high dividend paying firms
III.investor dislike of uncertainty
IV.high percentage of tax-exempt institutional stockholders
A) I and III only
B) II and IV only
C) I, III, and IV only
D) II, III, and IV only
E) I, II, III, and IV
Correct Answer:
Verified
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