What is not an argument favoring high dividend payouts ?
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What is not an argument favoring high dividend payouts? A) The tax rate on dividends is higher than that of capital gains.

B) Dividends meet the desire for current income. C) Dividends resolve uncertainty. D) It is possible to eliminate the tax disadvantage to dividends through tax arbitrage. E) All of the above.
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Uploaded by: zxzxchai

Subject: Business, Finance

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