Which of the Following Would Not Have an Influence on the Optimal

question 10

Multiple Choice

Which of the following would not have an influence on the optimal dividend policy?

• A) The possibility of accelerating or delaying investment projects.
• B) A strong shareholders' preference for current income versus capital gains.
• C) Bond indenture constraints.
• D) The costs associated with selling new common stock.
• E) All of the above can have an effect on dividend policy.