Question: Does a companys Dividend Policy matter? Explain how it is that dividends are so important but, at the same time, dividend policy is irrelevant. Include

Does a companys Dividend Policy matter? Explain how it is that dividends are so important but, at the same time, dividend policy is irrelevant. Include in your discussion how stock repurchases are similar to dividends and why they have come under recent public scrutiny.

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