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The clientele effect states that stocks: Attract certain investor groups based on the dividend yield and the tax effects. Are sold to various groups depending
The clientele effect states that stocks:
Attract certain investor groups based on the dividend yield and the tax effects.
Are sold to various groups depending upon their industry.
Conform to various risk elements based on their volatility.
Are divided into groups based on their overall level of risk.
Can be divided into groups based upon their sales to individuals versus institutions.
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