A. management may increase dividends in an effort to reduce agency costs. T OR F

B. one advantage of a stock repurcahse is that investors may view the repuchase as a positive signal that management feels they have increased investment oppotunities T OR F

C. stock dividends and stock issue new stock to existing shareholders, but do not increase an existing shareholder's ownership percentage in the firm. T OR F

D. according to the "bird-in-the-hand" dividenes theory, the required return for a stock that pays its entire return from dividends is lower than the required return for a high-growth stick that pays no dividend. T OR F