High-dividend-payout policy increases transaction costs for both the firm and the shareholder compared to a simple sale of stock by the shareholder to get cash
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Shareholders avoid transaction costs when they can receive dividends rather than sell stock to get cash.
Business
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An instrument which usually transfers possession of real property, but does not transfer ownership is:
A: A mortgage; B: A sublease; C: A security agreement; D: An easement.
Business
You can tell that group member Clyde is a social loafer when he
A) naps during lunch break. B) asks questions before proceeding with a difficult task. C) asks for more privileges than do the other group members. D) lets the other group members do most of his work.
Business