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Graphically explain the difference between positive correlation and negative correlation.Most firms adopt either the policy of residual amounts, the stable growth policy or the target
Graphically explain the difference between positive correlation and negative correlation.Most firms adopt either the policy of residual amounts, the stable growth policy or the target pay-out ratio policy as their dividend policy. Their choice of policy will depend on the current situation of the firm and on the firms perception of its shareholders best interests. Required: Give a detailed description of each of the above-mentioned policies
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