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A&I plc, a catering company, has had a difficult year due to Covid 19. The directors believe that it may be too risky to
A&I plc, a catering company, has had a difficult year due to Covid 19. The directors believe that it may be too risky to maintain previous levels of dividend. However, they are considering maintaining the dividend in order to preserve stock market confidence. Describe the implications for the directors of maintaining the dividend in these circumstances. (5 Marks)
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
