Which of the following is not true about the life-cycle, Ask an Expert

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Which of the following is NOT true about the life-cycle growth and dividend policy?

In the growth stage, a firm pays stock dividends.

In the expansion stage, a firm pays low to moderate cash dividends and occasionally may have stock splits.

In the development stage, a firm usually pays stock dividends and some low cash dividends.

In the maturity stage, a firm usually pays moderate to high dividends.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92404995

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