Kennedy

question 4

Multiple Choice

Kennedy

• A) Supported escalation in Vietnam to the end of his life
• B) Attempted to withdraw US troops early in his presidency
• C) May have decided to de-escalate the war if he had lived
• D) Made the decision in the fall of 1963 to being withdrawing US troops from Vietnam

---

Definitions:

Efficient Markets Hypothesis

The theory that financial markets are "efficient" in reflecting information about the prices of securities, meaning that existing share prices always incorporate and reflect all relevant information.

Residual Dividend Approach

A policy for setting dividends based on a firm's residual or leftover earnings after financing planned capital expenditures.

Dividend Clienteles

Groups of investors who prefer stocks of companies with a specific dividend policy that matches their income needs and tax situations.