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Which of the following statements would be consistent with the Dividend Irrelevance Theory? There is no relationship between a firm's dividend policy and the value

Which of the following statements would be consistent with the Dividend Irrelevance Theory? There is no relationship between a firm's dividend policy and the value of its common stock. Perfect capital markets are assumed to exist which allow investors to buy and sell stock without incurring any transaction costs. Investors are indifferent whether stock returns come from dividend income or capital gains income. All of the above

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