Which of the following statement is NOT correct? Clientele effect suggests that firm should change their dividend policy often to attract more investors. Firm's past dividend policy determines its current clientele of investors. Investors who need stable periodic cash inflow and in low tax brackets prefer high payout firms. Large, mature firms tend to pay out more than early-stage firms. Question 21 (4 points) Which of the following statement is NOT correct? After share repurchase, a firm's cash amount will decrease. After share repurchase, a firm's market value of debt will increase. After share repurchase, a firm's market value of equity will decrease. After share repurchase, a firm's financial leverage will increase