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The money manager of a mutual fund. with many retirees as shareholders, is in need of regular cash fous. This fund invests in Indianapolis Power

The money manager of a mutual fund. with many retirees as shareholders, is in need of regular cash fous. This fund invests in Indianapolis Power & Light due to its regular cash dividend. This investment illustrates which concept of dividend policy?A

.

Tax consequencesb.

.

Signaling theory

.

Lintner's Stylized Factsd.

.

Clientele effect

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