Slide 1Chapter 13 Slide 2 Dividend Policy and Internal Financing Slide 3 Stock Returns: P 1 - Po + D 1 P 1 - Po + D 1 Po Po Return = Slide 4 P 1 - Po + D 1 P 1 - Po + D 1…
Slide 1 2002, Prentice Hall, Inc. Slide 2 Return = Capital Gain Dividend Yield += Stock Returns: P 1 - Po + D 1 Po P 1 - Po D 1 Po Po Slide 3 Dilemma: Should the firm…