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alireads alireads
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A month ago
What does the Lintner empirical model suggest?

▸ Firms pay out a constant proportion of their earnings as dividends.

▸ Firms pay out a constant proportion of their revenue as dividends.

▸ Dividends are very sticky (i.e., they do not change frequently).

▸ Firms rapidly adjust their dividends to changing economic conditions.
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Corporate Finance

Corporate Finance


Edition: 5th
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collegelife_288collegelife_288
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A month ago
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alireads Author
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A month ago
Smart ... Thanks!
Jose^2
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Yesterday
this is exactly what I needed
dianeflunder
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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