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In the real world, we find that dividends a. Usually exhibit greater stability than earnings. b. Fluctuate more widely than earnings. c. Tend to be
In the real world, we find that dividends
| a. | Usually exhibit greater stability than earnings. |
| b. | Fluctuate more widely than earnings. |
| c. | Tend to be a lower percentage of earnings for mature firms. |
| d. | Are usually changed every year to reflect earnings changes. |
| e. | Are usually set as a fixed percentage of earnings. |
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