Question
Low tax or tax-free institutions hold relatively more high-dividend stocks than taxable investors, this would be called the __________________- optimal distribution policy clientele effect bird
Low tax or tax-free institutions hold relatively more high-dividend stocks than taxable investors, this would be called the __________________-
| optimal distribution policy | ||
| clientele effect | ||
| bird in hand effect | ||
| none of the answers are correct |
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Digital Business And Electronic Commerce
Authors: Bernd W Wirtz
1st Edition
3030634817, 9783030634810
