Business, 25.02.2020 23:33 zeesharpe05
Scorecard Corp. is an oil drilling company and has some free cash flow that is not expected to be used for growth or investment projects. The company plans to distribute to its shareholders but is still decieding whether they should conduct a stock repurchase or distribute dividends.
1. Which of the following is a characteristic of a firm's optimal policy?
a. It maximizes the firm's intrinsic value
b. It maximizes the firm's total assets
c. It maximizes the firm's return on equity
D. It maximzes the firm's earnings
Answers: 3
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Scorecard Corp. is an oil drilling company and has some free cash flow that is not expected to be us...
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