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A psychological test is said to have content validity if:
Cyclical Dividend Policy
A dividend policy where the dividend payout is linked to the company's earnings or economic cycles.
Special Dividend Payments
One-time payments made by a company to shareholders, often signaling strong financial health or the distribution of extraordinary profits.
Target Debt/Equity Ratio
A firm's optimal mix of debt and equity financing aimed at minimizing its cost of capital and maximizing valuation.
High Flotation Costs
The expenses incurred by a company in issuing new securities, typically including underwriting, legal, and registration fees, which can be higher for smaller issues.
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