Which One of These Statements Is True

question 24

Multiple Choice

Which one of these statements is true?

• A)Dividends are irrelevant.
• B)Shareholders are unable to personally adjust the dividend policy set by a firm.
• C)According to Miller and Modigliani,a firm should alter its investment policy whenever a change is made in its dividend policy.
• D)Dividend policy is relevant.
• E)Firms should never give up a positive NPV project to increase a dividend.

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Definitions:

Environmental Care

Activities and practices aimed at protecting and improving the natural environment.

Medical Orders

Written instructions by a doctor or other health care provider regarding the treatment of a patient.

Empirical Science

A branch of science based on observation and experiment rather than theory alone.

Art and Science

A phrase highlighting the blend of creative, intuitive processes (art) and systematic, evidence-based methods (science) in various fields.