Statement I$-$ In order to raise new equity capital in a relatively steady manner over years, a new stock dividend reinvestment plan would be a reasonable choice.$$

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Statement II $-$ If the company does need new equity, yet wants to manage dividend reinvestment, an open market purchase dividend reinvestment plan would be reasonable.

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Which statement$($s$)$ is$($are$)$ true?

Group of answer choices

Statement I only

Statement II only

Statement I & Statement II

Neither