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Which of the following is not a determinant of dividend policy of the firm ?

A firm's dividend policy is governed by financial determinants such as future profit projections, liquidity, future capital investment needs, and prevailing market dividend…

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Which of the following is not a determinant of dividend policy of the firm ?

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Correct answer A

A firm's dividend policy is governed by financial determinants such as future profit projections, liquidity, future capital investment needs, and prevailing market dividend rates. Employee efficiency is an operational HR metric rather than a direct determinant of dividend policy.

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