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What is the clientele effect

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Question 1: What is the clientele effect, and how does it affect dividend policy relevance?

Question 2: What is the information content of dividend changes?

Question 3: What are stock dividends, and how do they differ from cash dividends?

Question 4: How are share repurchases an alternative to dividends, and why might investors prefer them?

Need to learn HOW to solve for the answer.

Reference no: EM132422020

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