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solina solina
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7 years ago
Transaction costs
A) encourage firms to retain earnings rather than pay dividends.
B) encourage firms to pay large dividends. rather than retain earnings.
C) are encountered whenever a firm pays a dividend.
D) are incurred when investors fail to cash their dividend check.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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vanrheevanrhee
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solina Author
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7 years ago
Correct Slight Smile TY
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Helped a lot
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