The clientele effect implies that: A. investors prefer high dividend paying shares. B. investors have varying preferences

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The clientele effect implies that:

A. investors prefer high dividend paying shares.

B. investors have varying preferences regarding dividends.

C. low tax bracket investors are indifferent to dividends.

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Corporate Finance A Practical Approach

ISBN: 9781118217290

2nd Edition

Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan

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