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Which of the following is not consistent with the life cycle theory of a dividend policy? In the growth stage, a company could pay a
Which of the following is not consistent with the life cycle theory of a dividend policy?
In the growth stage, a company could pay a low dividend | ||
In the maturing stage, a company should pay dividends | ||
In the infancy stage, a company should pay dividends | ||
In the declining stage, a company should pay dividends |
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