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5-a) What are the 4 broad sets of factors that affect dividend policy? This is in the chapter. b) List and briefly explain in your
5-a) What are the 4 broad sets of factors that affect dividend policy? This is in the chapter. b) List and briefly explain in your own words) the constraints that limit the power of the Board of Directors to declare dividends. c) How do investment opportunities affect dividend policy? d) How does the availability and cost of outside capital (extemal capital) affect dividend policy
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