[barre44]

Which of the following statements is correct?
A A bonus issue can be used to raise new equity finance
B A share repurchase scheme can increase both earnings per share and gearing
C Miller and Modigliani argued that the financing decision is more important than the dividend decision
D Shareholders usually have the power to increase dividends at annual general meetings of a company

I know option B is correct but Can you please help me understand why option C is incorrect because M&M argued that dividend are irrelevant?.

thank you

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