As a corporation's investment opportunities increase,the dividend payout ratio should decrease so that the corporation can avoid flotation costs.
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Q19: A firm's dividend payout ratio is
A) the
Q20: According to the clientele effect,dividend policy matters
Q21: According to the bird-in-the-hand dividend theory,investors value
Q22: Federal tax law is irrelevant to corporate
Q23: In a perfect market,investors are only concerned
Q25: The residual dividend theory is based on
Q29: The existence of taxes can directly affect
Q40: If a firm were to unexpectedly omit
Q67: When considering taxes,most investors prefer capital gains
Q107: We typically expect to find rapidly growing
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