Economics · Financial Management
A company's dividend policy is irrelevant and it does not affect the shareholder's wealth. Whose theory is based on this assumption?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gordon
- 2Solomon Ezra
- 3Modigliani and Miller✓
- 4Walter
Correct answer
Modigliani and Miller
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