Multiple Choice
The Modigliani and Miller dividend irrelevance argument does not rest on the assumption that:
A) investors are not indifferent between dividend income and capital gain income.
B) a firm's investment decision is independent of its dividend policy.
C) the costs of acquiring information of a firm's dividend policy are zero.
D) there are no taxes.
Correct Answer:
Verified
Correct Answer:
Verified
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