For initial public offerings of common stock, 2009 was a slow year, with over $13 billion raised

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For initial public offerings of common stock, 2009 was a slow year, with over $13 billion raised by the process. Relatively few of the 41 firms involved paid cash dividends. Why do you think that most chose not to pay cash dividends?

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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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Question Posted: Oct 01, 2015 07:10 AM

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For initial public offerings of common stock, 2009 was a slow year, with over $13 billion raised

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If these firms just went public they probably did so because they ...View the full answer

Corporate Finance Core Principles and Applications

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