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Which of the following is not true about how managers determine dividends? Multiple Choice - Managers focus more on dividend changes than on absolute levels.

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Which of the following is not true about how managers determine dividends? Multiple Choice - Managers focus more on dividend changes than on absolute levels. Dividends follow short-run changes in earnings, Firms have long-run target dividend payout ratios. All of the answers are true. Managers are reluctant to make dividend changes that might have to be reversed by

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