Describe why the way in which they distribute cash flow, Financial Management

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Describe why the way in which they distribute cash flow

1. Describe why the way in which they distribute cash flow does not affect value, in perfect markets

2. Demonstrate how taxes can create an advantage for share repurchases versus dividends

3. Why are firms in different industries and countries have different capital structures?

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Financial Management: Describe why the way in which they distribute cash flow

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Financial Management: Describe why the way in which they distribute cash flow

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