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Please explain why the dividend policy of a firm does not matter under the Modigliani and Miller assumptions. How might dividend payments be considered as
- Please explain why the dividend policy of a firm does not matter under the Modigliani and Miller assumptions.
- How might dividend payments be considered as informational signals?
- How does the existence of taxes affect the optimal dividend policy of a firm?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
