问题如下:
Which of the following is the assumption of the MM dividend theory?
选项:
A. The company with specific dividend
policies would attract different groups of investors.
B. The dividend tax equals to the
capital gain tax.
C. The information is symmetric among
all investors.
解释:
C is correct.
考点:Theories in Dividend Policy 1
解析:MM股利无关论是建立在完善资本市场假设的基础之上:包括没有税收、没有交易成本以及市场参与者之间的信息分布是对称的。
税收都是0不也是税收相等么……