Question 4 Dividend provide income to investors only if it is received in an economic...
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Question 4 Dividend provide income to investors only if it is received in an economic environment where there is relative stability in inflation. In emerging economies of Africa, dividend payment is mostly worthless; only those without sound knowledge in economic can see any value in such environment. Discuss the above opinion. (You may use the financial statement of any listed company as guide). 10 marks
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