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When a Firm Pays a Stated Dollar Dividend and Adjusts

Question 61

Multiple Choice

When a firm pays a stated dollar dividend and adjusts the payment as earnings increase, itsdividend policy can be called


A) a target dividend pay-out ratio policy.
B) a regular dividend policy.
C) a constant-payout-ratio dividend policy.
D) a low-regular-and-extra dividend policy.

Correct Answer:

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