Conflicting arguments continue as to the impact of dividend policy to stock price Which of the following theories or arguments is most valid a The Dividend Preference Argument b Dividend Irrelevance Theory c The Bird in the Hand theory d All are valid under certain conditions

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Conflicting arguments continue as to the impact of dividend policy to stock price. Which of the following theories or arguments is most valid? a. The

Conflicting arguments continue as to the impact of dividend policy to stock price. Which of the following theories or arguments is most valid?

	a.	The Dividend Preference Argument
	b.	Dividend Irrelevance Theory
	c.	The "Bird in the Hand" theory
	d.	All are valid under certain conditions

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