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Question 3: There is evidence to suggest that dividends have a more stable pattern than earnings. What reasons can you suggest for management adopting a
Question 3: There is evidence to suggest that dividends have a more stable pattern than earnings. What reasons can you suggest for management adopting a policy of paying a stable dividend in the face of fluctuating earnings?
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Financial Management Principles And Applications
Authors: Sheridan Titman, John Martin
14th Global Edition
1292349824, 978-1292349824
