Which of the following is not true for mm model of dividend is paid be share price goes down if dividend is not paid c market values on affected by dividend policy d all of the above
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Miller and Modigliani Model (MM Model) Miller and Modigliani Model assume that the dividends are irrelevant. Dividend irrelevance implies that the value of a firm is unaffected by the distribution of dividends and is determined solely by the earning power and risk of its assets
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