Examlex
Explain the meaning of practical intelligence.
"Bird in the Hand" Theory
The investment theory suggesting that investors prefer the certainty of dividend payments over potential capital gains because of the perceived lower risk.
Clientele Effect
The theory that firms attract equity investors at least in part because of their dividend-paying policies. The firm has a “clientele” of stockholders whose need for current or deferred income matches the firm’s dividend practices. The implication is that it isn’t a good idea to change dividend policies because such a change is bound to displease most stockholders.
Dividends
Payments made to shareholders out of a company's profits.
Steady Source
A consistent and reliable means of obtaining something, such as income or information.
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Q65: _ refers to anxiety and doubt caused
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Q77: Since a gap between espoused values and