Question
Comparing the dividend announcement effect of 20 basis points to a typical daily standard deviation (60 basis points) and round-trip transaction costs (about 20 basis
Comparing the dividend announcement effect of 20 basis points to a typical daily standard deviation (60 basis points) and round-trip transaction costs (about 20 basis points) suggests that firms should not bother with dividends. Discuss
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
