It is widely accepted that dividend valuation models are an acceptable way of valuing businesses. Modigliani and

Question:

‘It is widely accepted that dividend valuation models are an acceptable way of valuing businesses. Modigliani and Miller said that dividends are irrelevant to valuation and so flew in the face of conventional wisdom.’

Is this statement correct? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Finance

ISBN: 9781292134406

11th Edition

Authors: Eddie McLaney

Question Posted: