Would it be irrational for it to have low-dividend high


The Phew Charitable Trust pays no taxes on its capital gains or on its dividend income or interest income. Would it be irrational for it to have low-dividend, high -growth stocks in its portfolio? Would it be irrational for it to have municipal bonds in it portfolio? Explain.

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Finance Basics: Would it be irrational for it to have low-dividend high
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