Which of the following real-world factors favour a high dividend payout? 1. taxes II. flotation...

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Which of the following real-world factors favour a high dividend payout? 1. taxes II. flotation costs III. debt covenant IV. desire for current income V. uncertainty resolution Select one: o a. I and II only O b. ll and Ill only OC. I,II, and Ill only O d. III, IV, and V only Oe. I, IV, and V only

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