If a firm is expected to have relatively high volatility in, Financial Management

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If a firm is expected to have relatively high volatility in

If a firm is expected to have relatively high volatility in its future cash flows, would you advise the firm to pay no dividends, low dividends, high dividends, or you will advise the CFO to avoid using any equity financing at all? Please outline your thoughts and arguments.

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Financial Management: If a firm is expected to have relatively high volatility in

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