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Question 6 Investors may be willing to pay a premium for stable dividends because of the informational content of the desire of investors for and

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Investors may be willing to pay a premium for stable dividends because of the informational content of the desire of investors for and certain

current income; dividends; institutional considerations.

institutional considerations; current income; dividends.

institutional considerations; dividends; current income.

dividends; current income; institutional considerations.

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