The Common Stock of Pierson Enterprises Has Historically Had a High

question 36

Multiple Choice

The common stock of Pierson Enterprises has historically had a high dividend yield and is expected to continue to do so.As a result,the majority of its shareholders are individuals and entities that are seeking a regular source of cash income.Most of these shareholders pay either no taxes or a relatively low amount of taxes.The fact that most of these shareholders have similar characteristics is referred to by which one of the following terms?

• A)information content effect
• B)clientele effect
• C)efficient markets hypothesis
• D)distribution effect
• E)market reaction effect

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Definitions:

Range Of Values

The difference between the highest and lowest numbers in a dataset.

Remove Filter Command

A command or function in software that disables currently applied filters, displaying all data or content.

Foreign Key

A field (or collection of fields) in one table, that uniquely identifies a row of another table or the same table, used to establish and enforce a link between the data in the two tables.

Primary Key

A unique identifier for each record in a database table, used to ensure that each entry is distinct.