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  3. Study Set
    Foundations of Financial Management Study Set 4
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    Exam 18: Dividend Policy and Retained Earnings
  5. Question
    In the Growth Stage (Stage III) of the Life Cycle
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In the Growth Stage (Stage III) of the Life Cycle

Question 23

Question 23

True/False

In the growth stage (Stage III) of the life cycle, the company focuses on growth of the stock and usually doesn't pay any cash dividends.

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