Explain how and under what assumptions M&M show that dividends are irrelevant?

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Introduction to Corporate Finance

ISBN: 978-1119171287

4th edition

Authors: Laurence Booth, Sean Cleary, Ian Rakita

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Question Posted: Nov 01, 2017 06:39 AM

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Explain how and under what assumptions M&M show that dividends are irrelevant?

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The assumptions are as follows 1 There are no taxes 2 Markets are perfect 3 A...View the full answer

Introduction to Corporate Finance

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