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It has been shown that in the absence of taxes and other market imperfections firm value will be unaffected by dividend

Posted: Wed Mar 16, 2022 9:12 am
by answerhappygod
It has been shown that in the absence of taxes and other
market imperfections firm value will be unaffected by dividend
policy. Explain the logic behind this conclusion. Next, describe
three real-world factors that may cause one dividend policy to be
preferable to another.