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Question 23 (2 points) Which of the following statement is correct? MM's signaling hypothesis suggests that the optimal dividend policy is 100% payout ratio. Clientele
Question 23 (2 points) Which of the following statement is correct? MM's signaling hypothesis suggests that the optimal dividend policy is 100% payout ratio. Clientele effect indicates that a firm should never pay dividend. Bird-in-the-hand theory suggests that a firm should adopt the residual dividend policy. Many factors have to be considered before a dividend policy can be set
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