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You are on Board of Directors of a major publicly traded company that has never declared or paid dividends to its shareholders. The Board has
- You are on Board of Directors of a major publicly traded company that has never declared or paid dividends to its shareholders. The Board has been asked to vote on increasing borrowing in order to pay dividends.
- Evaluate this strategy and indicate whether you will vote for or against it, making sure to substantiate your recommendation.
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