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1a substantial percentage of the companies noted

1) A substantial percentage of the companies noted on the NYSE and NASDAQ don't pay dividends, but investors are nevertheless willing to buy the shares. How is it possible?

2) Explain how the payback period is calculated, and define the information this measure provide about the sequence of cash flows. What is the payback criterion decision rule?

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Corporate Finance: 1a substantial percentage of the companies noted

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Corporate Finance: 1a substantial percentage of the companies noted

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