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True or False True or False: Dividends are irrelevant True or False: Dividend policy is irrelevant It is important to understand that the only thing

True or False

True or False: Dividends are irrelevant

True or False: Dividend policy is irrelevant

It is important to understand that the only thing that can make dividend policy relevant is if there is some market imperfection that affects investors' desire for dividends now versus later.

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