Which is worth more, all else equal, and why? Remember how value is measured. a. Environmentally...

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Which is worth more, all else equal, and why? Remember how value is measured. a. Environmentally responsible logger or a clear-cutter? b. Firms paying a constant dividend-constant vs. firms paying residual dividends (where all projects with NPV>0 are funded before any dividends are paid)? Which is worth more, all else equal, and why? Remember how value is measured. a. Environmentally responsible logger or a clear-cutter? b. Firms paying a constant dividend-constant vs. firms paying residual dividends (where all projects with NPV>0 are funded before any dividends are paid)?

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a An environmentally responsible logger would be worth more than a c... View the full answer