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Utilizing the Dividend Preference Theory, explain the actions of a real company, and discuss your opinion as to the appropriateness and usefulness of this theory

Utilizing the Dividend Preference Theory, explain the actions of a real company, and discuss your opinion as to the appropriateness and usefulness of this theory in that context. Describe the other general theories of dividend distribution policy. As a shareholder yourself, what form of dividend policy would you prefer? Company: WALMART

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