QUESTION 14 If a company has attracted a clientele" of shareholders who like receiving dividends and who were attracted to the firm because it does pay out most of its earnings in dividends: a. the company should attempt to modify its dividend practices and find an investor clientele that favors income through eapital appreciation, so it can can camnings and grow. Ob the company would be wise to avoid changing its dividend practices Neither a norb d. Botha and