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Basic Question 7 of 13
Under which dividend policy are dividends the least volatile?
B. constant dividend payout ratio policy.
C. residual dividend policy.
A. stable dividend policy.
B. constant dividend payout ratio policy.
C. residual dividend policy.
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I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
compare stable dividend with constant dividend payout ratio, and calculate the dividend under each policy;
describe broad trends in corporate payout policies;
CFA® 2025 Level II Curriculum, Volume 3, Module 16.