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Question 5 [ Dividend Policies] Critically examine dividend irrelevance theory of Modigliani and Miller and Bird in Hand Theory of Gordon and Linter. Distinguish between-

Question 5 [ Dividend Policies]

  1. Critically examine dividend irrelevance theory of Modigliani and Miller and Bird in Hand Theory of Gordon and Linter.
  2. Distinguish between-
    1. stock dividend and stock split.
    2. Record date and ex-dividend date

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