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Section A (1 Mark)The________________ deals with the double-edged enigma of why individuals like dividends (in...

Section A (1 Mark)

The________________ deals with the double-edged enigma of why individuals like dividends (in developed country where dividends are taxable) and why this method of income distribution persists in light of quite burdensome double taxation.

A.

Theory of Limited Arbitrage

B.

Equity premium puzzle

C.

Present-biased preferences

D.

Dividend Puzzle

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