Some have argued that if the firm issues an even higher, Financial Management

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Some have argued that if the firm issues an even higher

Some have argued that, if the firm issues an even higher dividend than expected, it must mean they do not have many profitable, new projects to invest in. Thus the stock price should fall. How would you respond and why?

-Thread topic: Modigliani & Miller dividend policy-

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Financial Management: Some have argued that if the firm issues an even higher

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