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f Which of the following statements under the classical tax system is correct? 12 Multiple...

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f Which of the following statements under the classical tax system is correct? 12 Multiple Choice Dots E 02:05:11 PPT Investors who have high personal tax rates are indifferent between low and high dividend paying companies. PDF 25325700 Investors who have high personal tax rates prefer dividend paying companies Investors who have high personal tax rates prefer low dividend paying companies. Investors who have low personal tax rates are indifferent between low and high dividend paying companies. Investors who have low personal tax rates prefer companies that reinvest earnings

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