Please answer each of the following questions: 1) According to dividend irrelevance theory, why dividend...

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Finance

Please answer each of the following questions:

1) According to dividend irrelevance theory, why dividend policy does not affect share price?

Which dividend policies stated below are adopted by companies who stand on the dividend irrelevance theory viewpoint. Give numerical examples.

- Regular dividend policy

- Stable dividend policy

- Irregular dividend policy

- No dividend policy

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