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    Principles of Managerial Finance
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    Exam 14: Payout Policy
  5. Question
    Clientele Effect Is the Argument That a Firm Attracts Shareholders
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Clientele Effect Is the Argument That a Firm Attracts Shareholders

Question 103

Question 103

True/False

Clientele effect is the argument that a firm attracts shareholders whose preferences with respect to the payment and stability of dividends corresponds to the payment pattern and stability of the firm itself.

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