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Documents Dividend Policy “I tell you Wellington is a bad general, the English are bad soldiers: We will...

Slide 1 Dividend Policy “I tell you Wellington is a bad general, the English are bad soldiers: We will settle the matter by lunch time” –Napolean Bonaparte Waterloo,…

Documents Chapter 15 Dividends. Background Dividends as a Basis for Value –Dividends are important in...

Slide 1 Chapter 15 Dividends Slide 2 Background Dividends as a Basis for Value –Dividends are important in determining stock value Individual investors buy stocks expecting…

Documents 1 Chapter 11 – Investment Basics Investment is something that generates a return through...

Slide 1 1 Chapter 11 – Investment Basics Investment is something that generates a return through dividends, interest and/or market appreciation –Speculation – a bet…

Documents Review Goal: M aximize Value of the Firm Past Topics Investment Decision (spending money) Financing....

Slide 1 Review Goal: M aximize Value of the Firm Past Topics Investment Decision (spending money) Financing Decision (raising money) Future Topics “Variations on a Theme”…