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1. Which type of dividend payment policy has the advantage that if the firm's earnings drop, dividends will still be maintained at a relatively constant
1.Which type of dividend payment policy has the advantage that if the firm's earnings drop, dividends will still be maintained at a relatively constant level?
A.Constant-payout-ratio policy.
B.Regular dividend policy.
C.Low-regular-and-extra dividend policy.
D.All have same advantage.
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