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solina solina
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6 years ago
In the absence of taxes, transaction costs, or changes in a firm's operating or investment policies
A) the greater the payout ratio, the greater the share price of the firm.
B) the price of a share of stock is not affected by dividend policy.
C) the firm should retain earnings so stockholders will receive a capital gain.
D) the firm should pay a dividend only after current equity financing needs have been met.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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6 years ago
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solina Author
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6 years ago
this is exactly what I needed
amandamraz
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You make an excellent tutor!
Danivalda
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This calls for a celebration Person Raising Both Hands in Celebration
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