Describe three things that affect the firm capital affect

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Reference no: EM132039265

1. List and describe three (3) things that affect the firm's capital affect.

2. Would it ever be rational for a firm to borrow money in order to pay cash dividends? Explain and give an example.

3. Discuss the pros and cons of having the directors formally announce a firm's future dividend policy.

Reference no: EM132039265

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