1. Investors who wish to avoid paying taxes in the present are typically ________.
A) high-dividend clientele
B) low-dividend clientele
C) drawn to firms that have erratic dividend policies
D) None of the above
2. The indirect costs of bankruptcy can include which of the following?
A) Lost sales
B) Loss of confidence in the firm's products and services
C) Setting aside projects with good NPVs
D) All of the above