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
B
You might also like to view...
A coal mine cost $1,003,000 and is estimated to hold 50,000 tons of coal. There is no residual value. During the first year of operations, 6,000 tons are extracted and sold. Calculate depletion per unit. (Round your answer to the nearest cent.)
A) $10.03 B) $5.02 C) $20.06 D) $15.04
A real estate broker is subject to disciplinary action from the Department of Real Estate (DRE) if they:
a. extract secret profits that are not disclosed. b. commingle trust funds. c. fail to supervise the salespeople they employ. d. Any of the above.