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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 2019 2020 1.3 Year 2017 2018 3.2 2021 2.2 2022 1.6 2023 1.8 EPS (S)2.5 2017 EPS (S) 1.65 First Take 2019 1.73 2020 1.58 Year 2018 1.94 2021 1.81 2022 1.99 2023 2.05 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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