A corporation that pays little or no dividends sees it market value increase. This would...
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Finance
- A corporation that pays little or no dividends sees it market value increase. This would best be explained by which of the following?
- The favorable capital gains tax treatment.
- The bird-in-hand theory.
- The information effect.
- The impact of agency costs.
- The favorable capital gains tax treatment.
- The bird-in-hand theory.
- The information effect.
- The impact of agency costs.
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