True or falls and why2

True or falls and why2 - dividend yield and capital gains,...

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. True or falls and why? If the dividend irrelevance theory (which is associated with Modigliani and Miller) were exactly correct, and if this theory could be tested with good data, then we would find in a regression of
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Unformatted text preview: dividend yield and capital gains, a line with a slope of -1.0....
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This note was uploaded on 04/13/2010 for the course FI D03248467 taught by Professor Dane during the Spring '10 term at DeVry Columbus North.

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