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    Principles of Managerial Finance
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    Exam 14: Payout Policy
  5. Question
    A Firm That Has a Large Percentage of ________ Investors
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A Firm That Has a Large Percentage of ________ Investors

Question 39

Question 39

Multiple Choice

A firm that has a large percentage of ________ investors may pay out a lower percentage of its earnings as dividends.


A) wealthy
B) pension fund
C) middle-income
D) business

Correct Answer:

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