An increase in the price per share of common stock

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The Pettit study suggests an increase in the price per share of common stock commensurate with an increase in dividends.

Can this be taken as evidence that the value of the firm is in fact affected by dividend policy?

Reference no: EM131245506

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An increase in the price per share of common stock : The Pettit study suggests an increase in the price per share of common stock commensurate with an increase in dividends. - Can this be taken as evidence that the value of the firm is in fact affected by dividend policy?
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