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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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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.