Remaining Time: 2 hours, 40 minutes, 17 seconds. Question Completion Status: > A Moving to another question will save this response. Question 6 The following is an extract of the results of a research paper which employs Lintner (1956) model Dependent variable DPS Coefficient t-stat. Constant |-0.016 1.23 DPS t-1 10.605 2.00 Using the information in the table above, is there evidence of dividend smoothing? What is the speed of adjustment. [4 marks] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). y s Paragraph Arial V V 10pt : MIT TIT V V Ix 860 2 y y T nr Remaining Time: 2 hours, 40 minutes, 17 seconds. Question Completion Status: > A Moving to another question will save this response. Question 6 The following is an extract of the results of a research paper which employs Lintner (1956) model Dependent variable DPS Coefficient t-stat. Constant |-0.016 1.23 DPS t-1 10.605 2.00 Using the information in the table above, is there evidence of dividend smoothing? What is the speed of adjustment. [4 marks] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). y s Paragraph Arial V V 10pt : MIT TIT V V Ix 860 2 y y T nr