Q.
1

(a) Capital markets are perfect

(b) Firms belong to equal risk class

(c) There is 100% dividend payout ratio

(d) There are nominal corporate taxes

  • A

    (a) and (b) only

  • B

    (a), (b) and (c) only

  • C

    (b), (c) and (d) only

  • D

    (a), (b) and (d) only