Which of the Following Statements Is FALSE

question 15

Multiple Choice

Which of the following statements is FALSE?

• A)Tax rates vary by income,by jurisdiction,and by whether the stock is held in a retirement account.Because of these differences,firms may attract different groups of investors depending on their dividend policy.
• B)While many investors have a tax preference for share repurchases rather than dividends,the strength of that preference depends on the difference between the dividend tax rate and the capital gains tax rate that they face.
• C)Long-term investors are more heavily taxed on capital gains,so they would prefer dividend payments to share repurchases.
• D)One-year investors,pension funds,and other non-taxed investors have no tax preference for share repurchases over dividends,so they would prefer a payout policy that most closely matches their cash needs.

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Definitions:

Therapeutic Alliance

The collaborative and trusting relationship that develops between a therapist and client, which can be a critical factor in the client's recovery process.

Empathic Therapist

A mental health professional who possesses the ability to understand and share the feelings of their clients, enhancing the therapeutic relationship.

Key Contributor

A Key Contributor refers to an individual or entity that plays a significant role in the development or progression of a project, idea, or field.

Psychotherapies

A range of treatments for mental health problems that involve talking with a therapist, psychologist, or psychiatrist.