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What is the short-run residual theory of dividends

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Reference no: EM132857465

Question -

(a) What is the short-run residual theory of dividends? The long run residual theory?

(b) Of the two theories, do you advise using the short-run or the long run theory?

(c) Which, if any, of the residual theories does AT&T appear to be following? Explain.

Reference no: EM132857465

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