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After reading a journal article on political liberalism,Tony noticed that his data set contained the same items that the author had used to form a scale on political liberalism.So,Tony combined the items and applied them to his data.He was surprised when they did not form a scale.Confused,he asked you for an explanation.Which of the following statements is INCORRECT?
Investment Needs
The required capital an individual or organization needs to achieve financial goals.
Low-Dividend Clientele
Investors who prefer companies that offer lower dividend payments because they are in lower income tax brackets or have different investment goals.
High-Dividend Clientele
A group of investors who prefer stocks that pay high dividends because they seek steady income from their investments.
Arbitrage Clientele
A group of investors who seek to profit from price differentials of the same asset in different markets, without risk.
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