1311 Why do firms issue stock dividends? Comment on the following statement: I have a stock that...

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13–11 Why do firms issue stock dividends? Comment on the following statement:

“I have a stock that promises to pay a 20 percent stock dividend every year, and therefore it guarantees that I will break even in 5 years.”

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Principles Of Managerial Finance

ISBN: 9780133546408

7th Edition

Authors: Lawrence J Gitman, Chad J Zutter

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