Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Finance Capital budgeting decisions Dividend decision
Which one of the following statements is false ?
1
Effective dividend policy is an important tool to achieve the goal of wealth maximisation.
2
According to Walter, the optimal payout ratio for a growth firm is 100%.
3
MM model asserts that the value of the firm is not affected whether the firm pay dividend or not.
4
‘Bird-in-the-hand theory’ in reference to dividend decision has been developed by Myron Gordon.