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Q1: Skip &Shannon Inc and First Take Com are the leading producers of football supplies in Corporate Finance Land. Both companies' earnings are shown in
Q1: Skip &Shannon Inc and First Take Com are the leading producers of football supplies in Corporate Finance Land. Both companies' earnings are shown in the following table: Skip & Shannon Year 2017 2018 2019 2020 2021 2022 2023 EPS ($) 2.5 3.2 4.1 1.3 2.2 1.6 1.8 2018 Year EPS ($) 2017 1.65 First Take 2019 2020 1.73 1.58 2021 1.81 2022 1.99 2023 2.05 1.94 The CFOs of both companies are setting the payout policy. Both managers want to set a stable dividend policy. Which CFO is more likely to be concemed with the expected volatility of earnings in setting the dividend policy of his firm? Show all your work
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