1.Dividends are "visible" because

a.The SEC is advised about dividend payments before they occur.

b.Investors are diligent in keeping track of dividend payments.

c.Dividend payments are noticed by investors when they are received.

d.Dividends are reported in the WSJ.

2.Apple is a high cash-burner because it uses R & D as a barrier to entry. Therefore, it should not pay a dividend.T F

3.Empirical evidence indicates that stocks that initiate or increase dividends experience increases in their value. T F