Modigliani and Miller Dividend Irrelevance states that in perfect capital markets, holding ________ policy fixed, the firm's choice of dividend policy is irrelevant and does not affect the initial share price
A) debt
B) investment
C) interest rate
D) equity issuance
Answer: B
You might also like to view...
Which of the following statements is true about the five forces identified by Michael Porter, that
determine the intrinsic long-run attractiveness of a market or market segment? A) A segment is unattractive if the company's suppliers are unable to raise prices or reduce quantity supplied. B) A segment is unattractive if buyers possess strong or growing bargaining power. C) A segment is attractive when there are actual or potential substitutes for the product. D) A segment is attractive if it already contains numerous, strong, or aggressive competitors. E) The most attractive segment is one in which entry barriers are low and exit barriers are high.
Electronic retailers can collect transaction data for their data warehouse, but they can also collect information by placing cookies on a visitor's hard drive. Cookies are
A. text files used exclusively to determine demographic information. B. text files that identify pirated software. C. viruses. D. files that identify visitors when they return to a website. E. frequent-shopper rewards.
A short-term note payable is a written promise to pay a specified amount on a stated future date within five years or the operating cycle, whichever is more reasonable.
Answer the following statement true (T) or false (F)
For many physical goods, firms spend half or more of their total marketing dollars on physical distribution activities.
Answer the following statement true (T) or false (F)