According to the residual dividend model, what takes priority over distributing dividends? Establishing a target payout ratio
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Question:
According to the residual dividend model, what takes priority over distributing dividends?
- Establishing a target payout ratio
- Increasing share price
- Paying off debt
- Financing planned projects
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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