For initial public offerings of common stock, 1993 was a very big year, with over $43 billion
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For initial public offerings of common stock, 1993 was a very big year, with over $43 billion raised by the process. Relatively few of the firms involved paid cash dividends. Why do you think that most chose not to pay cash dividends?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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