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Posted: November 24th, 2022

the return on investment of a firm is 14 % and cost of equity capital is 12 %

the return on investment of a firm is 14 % and cost of equity capital is 12 % in order to maximize the value of firm according to walter model , the firm shouldAdopt 100% dividend pay-out policy(b)Not pay dividends at all(c)Be indifferent as to the dividend policy(d)Plough back 50% of profits and pay the rest as dividend

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