Homemade dividends are described by Modigliani and Miller to be the:
A) dividend one pays oneself to avoid risky stocks.
B) re-arrangement of the firm's dividend stream as management needs.
C) re-arrangement of the firm's dividend stream by investors buying or selling their holdings in the stock.
D) present value of all dividends to be paid.
E) None of the above.
Correct Answer:
Verified
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A)over
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