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Question 1 Dividend Policy and reinvestment Allocated Mark =8 marks a) Discuss the different options that a firm have to use (spend)

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" Question 1" Dividend Policy and reinvestment " Allocated Mark =8 marks a) Discuss the different options that a firm have to use (spend) its free cash flow. (4 Marks) Note: Your answer must be at least 200 words. You may add your explanation by referring to journa articles. Kindly list ALL the in-text citations using APA reference style. b) Discuss why firms could refer to stock repurchase and stock split policy and Explain how these choices will affect the firm stock price. (4 Marks). Note: Your answer must be at least 200 words. You may add your explanation by referring to journa articles. Kindly list ALL the in-text citations using APA reference style.

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