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Shareholders may prefer dividends to reinvestment by the firm: a. becuase dividend payments have an information content. b. becuase investors may prefer future cash to
Shareholders may prefer dividends to reinvestment by the firm: a. becuase dividend payments have an information content. b. becuase investors may prefer future cash to current cash. c. because dividend payments are a certainty every year. d. because the firm can earn higher returns than the shareholder
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