– Participation #1 (answer the following questions in the same order requested, including each related question, separated, using the same numbers):
1. As a corporate financial manager, which specific payout policy do you recommend to maximize your firm’s shareholders: cash dividend, stock dividend, or stock repurchase (stock buyback)? Explain using no more than 32 words.
2. Mention one (1) advantage that your firm would benefit from adopting your payout policy selected. Use no more than 32 words.
3. Mention one (1) disadvantage that your firm would face by adopting the payout policy you selected. Use no more than 32 words.
4. Mention one (1) recommendation to offset the disadvantage. Use no more than 32 words.
