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CTP · Question #221
CTP Question #221: Real Exam Question with Answer & Explanation
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Question
- (Topic 3) The board of directors announces an increase in its dividend from $0.11/share to $0.15/share. Over the next two quarters, management notices that its investor base has shifted to include a large percentage of pension funds and endowment funds. This is the result of:
Options
- Athe clientele effect.
- Bthe ex-dividend date.
- Cthe dividend reinvestment plan.
- Ddividend capture.
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