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mantparn mantparn
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7 years ago
As per dividend relevance theory, current dividend payments are believed to reduce investor's uncertainty, thereby—all else being equal—placing a lower value on a firm's stock after its payment.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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mantparn Author
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7 years ago
Thanks for the assistance, I've marked your post as best answer
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