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cassandra_dan cassandra_dan
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7 months ago
An investor will prefer a high dividend if:
I.the firm cannot reinvest the funds in projects where the yields exceed those that
a shareholder could get elsewhere.
II.the investor needs a high level of current income.
III.the investor faces high personal taxes.


▸ I only

▸ II only

▸ I and II

▸ I and III
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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hizzy117hizzy117
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7 months ago
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