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7. Yellow Door has historically paid a high dividend yield and is expected to continue to do so. As a result, the majority of its
7. Yellow Door has historically paid a high dividend yield and is expected to continue to do so. As a result, the majority of its shareholders are individuals and entities that are seeking a regular source of cash income and pay either no taxes or a relatively low amount of taxes. The fact that most of these shareholders have similar characteristics is referred to by which one of the following terms: a. Distribution effect. b. Clientele effect. c. Efficient markets hypothesis. d. Information content effect
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