Explain the fallacy in this argument

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Q. Dividend Irrelevancy- In spite of the theoretical argument which dividend policy should be irrelevant, the fact remains which many investors like high dividend. If this preference exists, a industry can boost its share price by increasing its dividend payout ratio. Explain the fallacy in this argument.

Reference no: EM1391456

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Explain the fallacy in this argument : the fact remains which many investors like high dividend. If this preference exists, a industry can boost its share price by increasing its dividend payout ratio. Explain the fallacy in this argument.

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