Which one of the following is an argument in favor of a low, Ask an Expert

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Which one of the following is an argument in favor of a low dividend policy?

Few, if any, positive net present value projects are available to the firm

Only the gain on a sale of stock is taxed

Agency costs

Investor desire for current income

Lack of investor self-control

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92411979

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