Which one of the following does not affect a firms dividend, Financial Management

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Which one of the following does not affect a firms dividend

Which one of the following does not affect a firm’s dividend payment decision?

a. The firm’s liquidity position.

b. The stability of the firm’s earnings.

c. The informational content of a given policy.

d. The legal obligation to maintain a constant dividend or risk bankruptcy.

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Financial Management: Which one of the following does not affect a firms dividend

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Financial Management: Which one of the following does not affect a firms dividend

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