Which one of the following is an argument in favor of a low, Financial Management

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

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: Which one of the following is an argument in favor of a low

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Financial Management: Which one of the following is an argument in favor of a low

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