Which of the following is not true for MM Model? | Faculties

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Q. Which of the following is not true for MM Model?

(A) Share price goes up if dividend is paid
(B) Share price goes down if dividend is not paid,
(C) Market value is unaffected by Dividend policy,
(D) All of the above

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✅ Correct Answer: (C) Market value is unaffected by Dividend policy,

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