(Q. 22 IN B) AN INVESTOR WHO PURCHASES STOCK IN A FIRM CANNOT REAL...

26. (Q. 22 in B) An investor who purchases stock in a firm cannot realize a positive return on that investment if the firm pays no dividends. This statement is: A) False. The investor will still receive interest payments from the investment. B) True. The investor does not receive any cash flows therefore, the investment return is zero C) False. The investor may realize a capital gain from the appreciation of the stock price D) None of the above