"Risky companies tend to have lower target payout ratios and more gradual adjustment rates." Explain what is meant by this statement. Why do you think it is so?
"Risky companies tend to have lower target payout ratios and more gradual adjustment rates." Explain what is meant by this statement. Why do you think it is so?
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Risky companies tend to have lower target payout ratios and more gradual adjustment rates. Explain what is meant by this statement. Why do you think it is so?
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