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Which question lies at the heart of dividend policy? Should the firm pay out money...

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Finance

Which question lies at the heart of dividend policy?
Should the firm pay out money to its shareholders or invest the money back into the company?
Should the firm invest the money in the stock market or in a certificate of deposit?
Should the firm pay out money to its shareholders or donate the money to the local food bank?
Should the firm pay higher salaries or hire more people?
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