Is there an advantage for a firm to retain its cash instead of paying it out to

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Is there an advantage for a firm to retain its cash instead of paying it out to shareholders in perfect capital markets?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Question Posted: Mar 31, 2017 02:27 PM

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Is there an advantage for a firm to retain its cash instead of paying it out to

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Ultimately firms should choose to retain cash for the same rea...View the full answer

Fundamentals of Corporate Finance

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