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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 17: Dividends and Dividend Policy
  5. Question
    A Valid Reason for Managers Not to Pay No Cash
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A Valid Reason for Managers Not to Pay No Cash

Question 27

Question 27

True/False

A valid reason for managers not to pay no cash dividend is a situation where the firm faces insignificant flotation costs.

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