MCQOPTIONS
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| 1. |
Dividend changes are perceived important than the absolute level of dividends because. |
| A. | management change dividends to protect their seats |
| B. | dividend changes are thought to signal future expectations |
| C. | MM state that absolute level of dividends is irrelevant |
| D. | changes determine the level of borrowing |
| Answer» C. MM state that absolute level of dividends is irrelevant | |