Question
Your company produced abnormally large earnings last year. Your CEO is excited to recommend an increase in the payout to shareholders. However, she is not
Your company produced abnormally large earnings last year. Your CEO is excited to recommend an increase in the payout to shareholders. However, she is not sure whether it should be in form of higher dividends or share re-purchases. Explain the key factor your CEO should consider in formulating the recommendation.
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
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