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Some firms pay dividends and others do not. Behaviorally some investors prefer receiving dividends and others prefer no dividends. All investors are happy because those
Some firms pay dividends and others do not. Behaviorally some investors prefer receiving dividends and others prefer no dividends. All investors are happy because those who seek dividends buy dividend paying stocks while investor how prefer no dividends buy growth stocks. This behavior is called o Clientele effect Bird-in-the-hand Normal behavior Has no name
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