Which one of the following favors a low dividend policya a, Ask an Expert

Management Studies

Which one of the following favors a low dividend policy?

A. A majority of the shareholders are institutional investors (corporations)

B. A majority of the shareholders are tax-exempt investors, such as pension funds

C. A majority of the shareholders have a high tax rate.

D. A majority of the shareholders are retired people

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92524326

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