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The ability of shareholders to undo the dividend policy of a firm and create an alternative dividend payment policy by reinvesting dividends or selling shares
The ability of shareholders to undo the dividend policy of a firm and create an alternative dividend payment policy by reinvesting dividends or selling shares of stock is referred to as:
Multiple Choice
the perfect foresight model.
homemade dividends.
capital structure irrelevancy.
MM Proposition I.
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