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The most important aim of fiscal policy in a developing country is:
Cash Dividend
This is a payment made by a company out of its earnings to shareholders, distributed in the form of cash.
Par Common Stock
The nominal or face value assigned to a share of common stock in the company’s charter.
Cumulative Preferred Stock
Stock that has a right to receive regular dividends that were not declared (paid) in prior years.
Par Value
The nominal or face value assigned to a share of stock or bond, typically used in accounting as a base value rather than market value.
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