Question
Modigliani and Miller argue that given perfect and efficient markets, the pattern of dividend adopted by a business has no effect on shareholder wealth. Provide
Modigliani and Miller argue that given perfect and efficient markets, the pattern of dividend adopted by a business has no effect on shareholder wealth. Provide a systematic understanding of the views on dividend policy held by Modigliani and Miller
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
