The great advantage of a _________ is that this policy avoids giving shareholders false hopes.
A. constant-payout-ratio policy
B. regular dividend policy
C. low-regular-and-extra dividend policy
D. none of the above.
Answer:C
The great advantage of a _________ is that this policy avoids giving shareholders false hopes.
A. constant-payout-ratio policy B. regular dividend policy C. low-regular-and-extra dividend policy D. none of the above.