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7. What type of dividend policy would the following people prefer? 7a. Bob, with a good job, who is 20 years old and wont retire
7. What type of dividend policy would the following people prefer?
7a. Bob, with a good job, who is 20 years old and wont retire for 50 years.
7b. Sarah, who wants to live on the proceeds of her retirement account
7c. Tim, who is earning a lot this year, but next year will quit his job and not have much income.
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