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If investors prefer firms that retain most of their earnings,then a firm that wants to maximize its stock price should set a low payout ratio.
If investors prefer firms that retain most of their earnings,then a firm that wants to maximize its stock price should set a low payout ratio. True or False?
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
11th Edition
1587787083, 9781587787089
