Based on M & M with taxes and without taxes, how much time should a financial manager spend analyzing the capital structure of their firm? The bird in hand theory suggests that a company can reduce...

Based on M & M with taxes and without taxes, how much time should a financial manager spend analyzing the capital structure of their firm?

The bird in hand theory suggests that a company can reduce its cost of equity capital by reducing its dividend payout ratio. Is this so and why?

the homemade dividend strategy argues that investors impose their dividend preference on the firm. is this true or false and why