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Clientele effect, tax differential, agency cost and information asymmetries affect the dividend value percieved by investors
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Ans Tax differenttal yes effect cleintele do effect Agency Cost, Informaton asymmetries investors percetved by the value theview plays dividend tax ditferenclal than MDre davidend polfcy fn driving an tmportard role the and be retaned in Such Casearvidend or)PT D3 more Corn to them

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