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Despite the theoretical assertions of proponents of the dividend irrelevance theory, many investors do care about dividends. The table lists some factors that might affect

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Despite the theoretical assertions of proponents of the dividend irrelevance theory, many investors do care about dividends. The table lists some factors that might affect an investor's preference for dividends. Indicate whether each factor is likely to make an investor prefer to receive more or fewer dividends. Stay Swift Corp. is a typical company that is very concerned with meeting investors' expectations and keeping investors happy. Its earnings tend to fluctuate from year to year because of the nature of the business the company is in. Which of these statements most likely describes Stay Swift Corp.'s dividend policy? Stay Swift Corp. will pay a stable, predictable dividend because it will lower the firm's r_s and increase the value of the firm. Stay Swift Corp. will use a residual dividend policy because it will increase the firm's r_s and increase the value of the firm

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