Question: What does divident policy irrelevant mean? Does it mean that dividend are irrelevant for? Describe the condition under which dividend policy is irrelevant. B: What

What does divident policy irrelevant mean? Does it mean that dividend are irrelevant for?

Describe the condition under which dividend policy is irrelevant.

B: What is the main difference between Flow to Equity Approach and the other two approaches (Adjusted Present Value (APV)) method and weighted Average cost of Capital (WACC) in the context of capital budgeting for a leverred firm?

When should the FTE and WACC be used?

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