Question
As a CFO, you should ________________________________. a) never pay a dividend as a payout policy b) try to minimize the firm's earnings per share c)
As a CFO, you should ________________________________.
a) never pay a dividend as a payout policy
b) try to minimize the firm's earnings per share
c) only repurchase shares as a payout policy
d) try to maximize the after-tax payout to the shareholders, for a given payout amount
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
1st Edition
0521823552, 9780521823555
