What additional info do you need? I think the question is clear enough.

(Adapted from previous editions) Question 34: One of the problems XXXL td faces is that it needs to raise new funds for its new Australian operation. The CFO suggested financing part of the project by decreasing the regular dividends (paid each quarter) in the next couple of years. According to Miller and Modigliani's (1961) model a. A change in dividends is positively correlated with the market price of the stock b. A decrease in dividends will lead on average to a higher price change (in absolute terms) than an increase in dividends c. A decrease in dividends will lead on average to a smaller price change (in absolute terms) than an increase in dividends d. Both "a" and "b" are correct e. None of the above answers is correct