Assume that you are on the board of directors for a start-up firm. The firm is expecting small profits and possible losses, but significant growth over the next 10 years. They have asked your opinion on a dividend policy for the firm. Provide your opinion on a dividend policy along with reasoning using terminology discussed in this module. When responding to your peers, select a consideration they may not have thought about pertaining to the dividend policy and explain how it might affect the policy.