Gordon's "bird-in-the-hand" argument suggests that ________
A) dividends are irrelevant
B) firms should have a 100 percent payout policy
C) shareholders are risk averse and attach less risk to current dividends
D) the market value of a firm is unaffected by dividend policy
C
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During a screening interview, your best approach is to
A) ask as many questions as possible. B) keep your answers short, but offer key points that set you apart from other candidates. C) expand on your answers as much as possible so that the interviewer knows you are at ease. D) keep as low a profile as you can; this is not the time to try to differentiate yourself from other candidates. E) ask for feedback on how you compare to other candidates.
Latin American reforms show a broad shift away from the policy of protectionism toward recognition of the benefits of participating fully in the global economy
Indicate whether the statement is true or false