This question is simply three true or false. If FALSE they need a brief explanation: As followed The primary factor that influences the dividend policies of companies around the world is the level of protection that exists for the rights of minority stockholders. a. True b. False According to the signaling theory to explain differences in firms' capital structures, an announcement of a new stock issue by a mature, seasoned firm that has numerous financing alternatives generally is seen as a signal that the its future prospects are very positive. O a. True b. False According to the free cash flow hypothesis that has been proposed to explain how dividend policies affect stock prices, cash flows that cannot be reinvested in positive net present value projects should be retained and reinvested by the firm. a. True b. False