Question
Free cash flows A.are usually best paid out as dividends or used to repurchasestock. B.should be invested in new projects, even if the NPV isnegative.
Free cash flows
A.are usually best paid out as dividends or used to repurchasestock.
B.should be invested in new projects, even if the NPV isnegative.
C.are always good to retain.
D.should almost always be paid out as bonuses to help retain topmanagers.
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
