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Taxes influence dividends

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Reference no: EM13534039

Which of the following best describes the empirical evidence regarding dividends?
Answer

Taxes influence dividends, firms manage dividends, and most firms do not pay dividends

Taxes influence dividends, dividends are residual, most firms pay dividends

Taxes influence dividends, firms manage dividends, most firms pay dividends

Taxes influence dividends, dividends are residual, and most firms do not pay dividends

Reference no: EM13534039

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