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    Financial Management Theory and Practice Study Set 4
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    Exam 14: Distributions to Shareholders: Dividends and Repurchases
  5. Question
    MM's Dividend Irrelevance Theory Says That While Dividend Policy Does
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MM's Dividend Irrelevance Theory Says That While Dividend Policy Does

Question 44

Question 44

True/False

MM's dividend irrelevance theory says that while dividend policy does not affect a firm's value, it can affect the cost of capital.

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