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betterway betterway
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7 years ago
In establishing a dividend policy, a firm should retain funds for investment in projects yielding higher returns than the owners could obtain from external investments of equal risk.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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7 years ago
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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betterway Author
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6 years ago
Thank you for providing the right answer every time
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