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An investor who requires a 12% percent return for a stock that pays no dividends and requires a 9% return for a stock that pays its entire return from dividends is most likely a proponent of

Select one:

a. the bird-in-the-hand dividend theory.

b. the residual dividend theory.

c. the information effect.

d. the clientele effect.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92400917

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