1)Lazard Limited plan to hire you as Finance Controller. Prepare draft cash management models comprising what is...
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Question:
1)Lazard Limited plan to hire you as Finance Controller.
Prepare draft cash management models comprising what is cash management , its purpose and two models (i) Baumol model (ii) Millor ORR Model
After 2 years in the Lazard Limited , the company wants to declare dividends you are considering 4 models
a)Walter Model
b)Gordon's Model
c)The Bird in the Hand Argument
d)The Millar - Modigliani (MM) hypothesis Elaborate on your consideration
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