Manag., December-2019 – Q12

12Match 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

Choose the correct option from the given below:

Option : D
Explanation :

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