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Basic Question 3 of 12

Each dollar of a firm's after-tax earnings has two, and only two, outlets which are ______ and _______.

A. cash dividends; coupon payments
B. coupon payments; retained earnings
C. retained earnings; cash dividends

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe regular cash dividends, extra dividends, stock dividends, stock splits, reverse stock splits, and share repurchases

describe dividend payment chronology

CFA® 2025 Level I Curriculum, Volume 3, Module 8.