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2 years ago
The clientele effect refers to ________.
A) the relevance of dividend policy on a firm's share value
B) a firm's ability to attract stockholders whose dividend preferences are similar to the firm's dividend policy
C) the informational content of dividends that helps in predicting the future earnings and growth of a firm
D) the "bird-in-the-hand" argument
Textbook 

Principles of Managerial Finance


Edition: 14th
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2 years ago
Thanks again for helping me in my management class!
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