MCQOPTIONS
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| 1. |
A view that dividend policy of a firm has a bearing on share valuation advocated by James E. Walter is based on which one of the following assumptions. |
| A. | Retained earning is only source of financing |
| B. | Cost of capital does not remain constant |
| C. | Return of investment function |
| D. | All of the above. |
| Answer» B. Cost of capital does not remain constant | |