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(a) List and briefly discuss in your own words two kinds of dividend payout policy a company can have. Which of these is the most

(a) List and briefly discuss in your own words two kinds of dividend payout policy a company can have. Which of these is the most common in the real world?

(b)

(i) List and briefly explain three managerial explanations for mergers and acquisitions.

(ii) Provide as an example one recent merger case (worldwide) and suggest what the motive for this merger was.

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