The purpose of the discussion question is to allow you as the student/learner to demonstrate your understanding of the chapter's key learning points and how you might apply them in given situation. Participating in the discussion question forum provides you as the student/learner an opportunity to compare your ideas to ideas from others in your class.
Instruction: Using the chapter's key learning points, provide your answer to the questions below. Why do dividend investors pay attention to buybacks? (Hint: Think about the dividend yield and amount of cash remaining as to pay a dividend.) What rules can you create as to handle such a decision? Share your strategy with the classmates. Support your stance using evidence from the chapter.
Take a moment to review the Modigliani-Miller (MM) Propositions. Page 201 of the textbook states many of the assumptions supporting the MM Propositions may be unrealistic. Take notes about the propositions and deduce their strengths and weaknesses.
The Task
Your assignment is to create a 5-page argumentative/persuasive research paper given one of the following options:
Option 1. Argue for or against one (or both) of the MM Propositions.
Option 2. Argue for or against your own theory.
Option 3. Argue for or against a business decision, organizational plan, business philosophy, policy decision, or concept related to the MM Propositions.
The paper should cite approximately eight peer reviewed full text journal articles retrieved from ProQuest, BE & T, InfoTrac, and Academic OneFile. Your paper should integrate at least the following elements:
- The presentation of a firm position regarding your stance or theory.
- An offering of a strong position using evidence-based argumentation.
- An address of opposing points as to present a well-rounded argument controlling personal biases and strengthening your argument while diminishing the opposition's points.
- An effort to use evidence and argument flow as to instill a sense of trust into your reader.
Do you feel stuck while planning your argument? If so, then try jumpstarting the assignment by using the following steps:
1. Choose a stance you believe in and write down why you believe in the stance.
- Ask yourself the following questions:
- Who is my audience and which points will they be interested in?
- What kind of tone am I assuming for my argument?
- Does my tone match the audience? (If not, consider changing your tone.)
- Am I engaging in a fallacy or illogical stance? (Make sure you make sense or no one will believe you!)
- Would someone agree or disagree with me given my points? (Argue with yourself as to find the strengths and weaknesses of your stance.)
- Am I making a moral or cultural argument? (If so, you may need to reconsider a stance able to utilize scholarly literature.)
- Can I research my stance? (If not, you may need to consider a new stance.)
2. Research as to find the evidence needed to support your stance or theory. Seek the needed facts, quotes, and existing research you can use for your argument
3. Outline and write the essay starting with the evidence-supported defense of your points and slowly transition into an address of opposing points.
4. Provide a brief summary of the argument as to conclude the essay.