Input out oil incs cfo has stated that the firm will pay


Input Out Oil Inc.'s CFO has stated that the firm will pay dividends only if acceptable capital budgeting opportunities do not exist. Which concept did the CFO most likely base her decision on?

A: The free cash flow hypothesis B: The signaling hypothesis C: Dividend irrelevance theory D: The clientele effect

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Financial Management: Input out oil incs cfo has stated that the firm will pay
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