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You are having a discussion with one of your classmates on dividend policy.Your classmate states that dividend policy is totally irrelevant.Write a response to this statement justifying that in the real world,dividend policy does matter.
Loss Account
An account that records the expenses that exceed revenues, indicating a negative financial performance over a period.
Debt Investments
Investments in government and corporation bonds.
Net Proceeds
The amount of money received from a sale after subtracting all related expenses and costs.
Fair Value
Amount for which a security could be sold in a normal market.
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