Question
While this chapter utilizes dividend payouts to value a share of stock, many companies do not pay dividends. Why would investors be willing to buy
While this chapter utilizes dividend payouts to value a share of stock, many companies do not pay dividends. Why would investors be willing to buy shares in non-dividend paying companies? Under what circumstances might a company appropriately choose to not pay dividends?
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Fundamentals Of Corporate Finance
Authors: Berk, Peter DeMarzo, Jarrad Harford
3rd Global Edition
1292018402, 9781292018409
