) The argument that homemade dividends would lead to the irrelevance of dividend policy hinges critically on the assumption Select one:that...

1.) The argument that homemade dividends would lead to the irrelevance of dividend policy hinges critically on the assumption

Select one:

a. that shareholders are willing to buy more shares.

b. that the capital asset pricing model can be used to value shares.

c. of no taxes and transaction costs.

d. that the company will issue more shares.

e. of stable dividend payment.

2.)  In terms of changes in the number of shares outstanding, a 20% stock dividend is equivalent to a ____________ stock split.

Select one:

a. six for five

b. six for four

c. five for three

d. five for four

e. seven for six

3.)