An argument for a high dividend payout is that Uncertainty surrounds the future.
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Q34: Automatic dividend reinvestment plans require that stockholders
Q35: A corporate investor would likely prefer a
Q36: Given a compromise dividend policy, firms prefer
Q37: The desire to maintain constant dividends over
Q38: Given a compromise dividend policy, firms prefer
Q40: Given a compromise dividend policy, firms try
Q41: A valid reason for a firm to
Q42: Pension plans own the majority of the
Q43: Corporate investors own the majority of the
Q44: Avoiding new equity sales is consistent with
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