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(Dividend policy and stock prices) The question as to whether dividend policy has an effect on share prices raises a question as to whether dividends
(Dividend policy and stock prices) The question as to whether dividend policy has an effect on share prices raises a question as to whether dividends paid out to stockholders are any more "certain" than the expected future dividends the stockholders hope to receive from the retention of firm earnings. This is known as the theory of dividend policy. (Select from the drop-down menu )
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