Which of the following is NOT TRUE regarding dividend reinvestment plans (DRIPs) ?
A) DRIPs avoid most or all transaction fees if administered directly by the company.
B) By choosing a DRIPs option,a shareholder automatically buys additional shares of a company on a regular basis.
C) DRIPs often allow investors to purchase a small number of shares per transaction.
D) All of these statements about DRIPs are true.
Correct Answer:
Verified
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