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The observed empirical fact that stocks attract particular investors based on the firm's dividend policy and the resulting tax impact on investors is called the
The observed empirical fact that stocks attract particular investors based on the firm's dividend policy and the resulting tax impact on investors is called the Multiple Choice MM Proposition I. information content effect. clientele effect. efficient markets hypothesis. MM Proposition
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
