hich one of the following refers to the ability of shareholders to undo a company's dividend policy and create an alternative dividend policy by reinvesting dividends or selling shares of stock? Multiple Choice Homemade dividend Personalization Offsetting leverage Recapitalization Perfect foresight model

Homemade Dividend Policy

Explanation:

Homemade dividends can be defined as a concept in which liquid markets an investor can restructure a company's dividend policy to equate his own cash flow objectives. In a case where an investor receives a dividend when he does not want any cash inflow, he has the option of reinvesting the amount back into the company's stock.