Describe the lintner model of dividends

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Reference no: EM132172416

Question - Dividend Policy Question: Benartzi et al. (1997, p. 1032) conclude, Lintner's model of dividends remains the best description of the dividend setting process available.

a) Describe the Lintner's model of dividends.

b) Describe the major differences between residual dividend theory and managed dividend policy.

Reference no: EM132172416

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