Multiple Choice
Which is the minimum assumption that must exist to support the Modernist view that dividend policy should have no effect on shareholder wealth?
A) No assumption about market efficiency needs to exist.
B) Weak form of capital market efficiency.
C) Semi-strong form of capital market efficiency.
D) Strong form of capital market efficiency.
E) Perfect capital market efficiency.
Correct Answer:
Verified
Correct Answer:
Verified
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