Biology Forums - Study Force

A residual dividend policy is one in which
A) no dividends are paid to stockholders because they will reap their benefits when the firm ceases operations.
B) bondholders receive extra cash flows when available after paying dividends to shareholders.
C) leftover funds are paid out to stockholders as dividends after all other capital requirements are met.
D) a conservative dividend payment is made each period to stockholders.

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Thanks ^-^