[Solved] Which of the following represents passive dividend policy ?

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Q.	Which of the following represents passive dividend policy ?
A.	that dividend is paid as a % of eps,
B.	that dividend is paid as a constant amount,
C.	that dividend is paid after retaining profits for reinvestment,
D.	all of the above
Answer» C. that dividend is paid after retaining profits for reinvestment,

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