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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:
Group of answer choices
A) information content effect.
B) efficient markets hypothesis.
C) clientele effect.
D) MM Proposition I.
E) MM Proposition II.
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