| Hint | Answer | % Correct |
|---|---|---|
| Who said that Markowitz modern portfolio theory can have issues as the market is unpredictable? | Bogle (2008) | 100%
|
| Which CFO stated that he always prefers IRR to NPV? | Dad | 100%
|
| At what event did a survey of firms found that financial flexibility is key for firms? | Morgan Stanley Roundtable | 100%
|
| What are managers main concern regarding dividend policy? | Not reducing dividend | 100%
|
| Who said that MM doesn't account for effects on stakeholders? | Titman (2002) | 100%
|
| Who showed that relative valuation is more popular than DDM, as DDM has estimation issues, especially around the financial crisis as firms changed dividend policy? | Bansel et al. (2014) | 0%
|
| Who found that in practice, most CFOs use IRR due to its relative return, but many use both? | Graham and Harvey (2002) | 0%
|