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Are there agency costs associated with dividend policy for a Explain why this n explain also how such agency costs can be prevented. Explain why,

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Are there agency costs associated with dividend policy for a Explain why this n explain also how such agency costs can be prevented. Explain why, assuming firms have better information than the market, dividend policy may be an important factor determining market prices. What are the empirical predictions regarding dividend policy and firm value? Explain why your answers for these questions have completely different empirical predictions for debt values

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