AN INVESTOR WHO PURCHASES STOCK IN A FIRM CANNOT REALIZE A POSITIV...

26. 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) True: The dividend yield is zero E) None of the above