Manag., December-2019 – Q12
0. Match the following constructs with underlying theories on dividend decisions:
| List-I Dividend Constructs | List-II Theories on Dividend |
| (a) Bird-in-the hand argument | (i) M.M. theory |
| (b) Irrelevance of dividends | (ii) Walter model |
| (c) Interdependence of investment and dividend decisions | (iii) Lintner model |
| (d) Tax considerations in dividend decisions | (iv) Gordon model |
