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  3. in practice, determinants of dividend policy inclu

In practice, determinants of dividend policy include, in order of importance Select one: a. wishes...

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In practice, determinants of dividend policy include, in order of importance Select one: a. wishes of large institutional investors, excess cash after investment needs are met, avoiding flotation costs for issuing new equity. O b. lack of good investment opportunities, influence of large institutional investors, maintaining a stable debt to assets ratio c. maintaining a constant dividend payout ratio, attracting retail investors, maintaining a consistent growth rate for dividends d. consistency with historical dividend policies, sustainable changes in earnings, tax burden on shareholders

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