How is it possible that dividends are so important, but at the same time dividend policy is

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How is it possible that dividends are so important, but at the same time dividend policy is irrelevant? When a dividend is paid, give some reasons why the share price decline may not be the same as the actual dividend payment.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:03 AM

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How is it possible that dividends are so important, but at the same time dividend policy is

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The apparent paradox between the importance of dividends and the notion that dividend policy is irrelevant stems from different perspectives in financ...View the full answer

Corporate Finance

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