Discuss dividend policy and stock repurchases

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Discuss dividend policy and stock repurchases. Consider whether bond investors and stock investors react differently if their company issues dividends or announces a stock split or stock repurchase. Also consider the MM dividend-irrelevance proposition and the assumptions behind dividend irrelevance.

Post a brief statement that expresses what you have learned about MM dividend-irrelevance proposition. Present an argument for or against the payment of dividends.

Reference no: EM131503165

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