Question: QUESTION 14 2 points The clientele effect maintains that many investors choose stocks at least in part for dividend policy, so any change in payments

QUESTION 14 2 points The clientele effect maintains that many investors choose stocks at least in part for dividend policy, so any change in payments is disruptive, because it represents: a change away from something they like about the firm. b. something new about which they are uncertain C. risk, to which investors are generally averse. d. uncertainty in the treatment of capital gains

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