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The Local Community College and Hospitals Are Joining Together to Sponsor

question 455

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The local community college and hospitals are joining together to sponsor a health fair that will provide blood pressure screenings, demonstrations on cooking healthier for one's heart, and exercise routines that can be worked into one's busy schedule. This health fair is a good example of which type of program?


Definitions:

Dividend Irrelevance

Dividend irrelevance theory suggests that the dividend policy a company follows has no effect on the company’s stock price or its cost of capital.

Transaction Costs

Expenses incurred when buying or selling goods and services, which can include commissions, fees, the spread between buy/sell prices, and other related costs.

Floatation Costs

The total costs associated with a company issuing new stocks or bonds, including underwriting, legal, registration, and other expenses.

Dividend Irrelevance Theory

A theory proposed by Modigliani and Miller that suggests dividend policies do not affect a company’s capital structure or stock price in a perfect market.

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