What is the argument behind the prediction that dividend payments and share repurchases should not affect shareholder

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What is the argument behind the prediction that dividend payments and share repurchases should not affect shareholder wealth? What does the evidence say about how stock prices react to shareholder payouts (and announcement of upcoming payouts)?

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Principles Of Managerial Finance

ISBN: 9781292400648

16th Global Edition

Authors: Chad Zutter, Scott Smart

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Question Posted: Feb 29, 2024 05:01 AM

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What is the argument behind the prediction that dividend payments and share repurchases should not affect shareholder

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The argument behind the prediction that dividend payments and share repurchases should not affect shareholder wealth is based on the concept of the Mo...View the full answer

Principles Of Managerial Finance

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