A company has been in business for over 50 years, newly developed products pushed the firm's year-over-year growth rate to 35% during the last three years. The firm is proud of its history of paying high dividends, but the vigorous recent growth of the firm has left it cash challenged. discuss the best dividend policy for the firm under the current circumstances

Answer rating: 100% (QA)

Given the firms current circumstances of experiencing rapid growth and being cashchallenged the best dividend policy should strike a balance between r... View the full answer