Which of the following would not have an influence on the optimal dividend policy? ( )
A: Bond indenture constraints.
B: All of the statements above can have an effect on dividend policy.
C: A strong shareholders’ preference for current income versus capital gains.
D: The possibility of accelerating or delaying investment projects.
E: The costs associated with selling new common stock.
A: Bond indenture constraints.
B: All of the statements above can have an effect on dividend policy.
C: A strong shareholders’ preference for current income versus capital gains.
D: The possibility of accelerating or delaying investment projects.
E: The costs associated with selling new common stock.
举一反三
- An administrator is creating a new data retention policy. Which of the following is the MOSTimportant consideration？（） A: Compile technical requirements for new policy B: Comply with applicable laws and regulations C: Destroy the old data retention policy D: Have hard copies of the new policy stored offsite
- If the intrinsic value of a share of common stock is less than its market value, which of the following is the most reasonable conclusion? A: The stock has a low level of risk. B: The stock offers a high dividend payout ratio. C: The market is undervaluing the stock. D: The market is overvaluing the stock.
- Which of the following is NOT a way in which a central bank can conduct its monetary policy? A: by establishing target interest rates and then undertaking open market operations to maintain them B: by buying and selling government bonds C: by making small policy changes and readjusting policies as needed D: by changing the rate of capital accumulation to influence aggregate supply E: by changing interest rates to influence spending on durable goods and investment
- Which of the following statements concerning Policy Banks are correct? A: Policy Banks have mechanisms to support and complementary market financing. B: Policy Banks have specific business areas and clients. C: Policy Banks meet commercial financing needs. D: Policy Banks take deposit as their main source of funds. E: Policy Banks issue more short-term loans.
- Which of the following statements about return objectives is TRUE A: To achieve the capital appreciation objective, the nominal rate of return must exceed the rate of inflation. B: The total return objective considers returns from both capital gains and current income, net of expected inflation. C: The current income objective is usually appropriate when an investor requires the purchasing power of the initial investment to increase over time.