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If a company pays dividends, but a shareholder does not desire dividend income, what can he/she do according to the home-made dividend theory? Invest the

If a company pays dividends, but a shareholder does not desire dividend income, what can he/she do according to the home-made dividend theory?

Invest the dividends in Treasury bills

Spend the undesired dividends on family expenses

Use the dividends to pay off personal debt

Use the dividends to buy more shares of the company

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