A Compromise Dividend Policy Can Be Viewed as A

A compromise dividend policy can be viewed as a:

A) Set of long-term goals.
B) Strict set of short-term policies.
C) Set of rules that require increasing dividends in the short-run.
D) Set of inflexible rules that mandate a constant debt-equity ratio in both the short and the long-term.
E) Guideline for the reduction of dividends over the long-term.