It has been shown that in the absence of taxes and other, Financial Management

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It has been shown that in the absence of taxes and other

It has been shown that in the absence of taxes and other market imperfections firm value will be unaffected by dividend policy. Critically explain this conclusion. Next, give three real-world factors that may cause one dividend policy to be preferable to another.

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Financial Management: It has been shown that in the absence of taxes and other

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