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A firm signals that it plans to reduce its dividend payments in 1 year and maintain the new level indefinitely into the future. Which of
A firm signals that it plans to reduce its dividend payments in 1 year and maintain the new level indefinitely into the future. Which of the following is the most likely explanation behind this policy? A. The firm anticipates reduced investment opportunities in the future B. The firm anticipates higher expected profits in the future O C. The firm anticipates to go out of business in the near future D. The firm anticipates lower expected earnings growth in the future
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