Which of the following statement(s) about dividends are FALSE?- Dividends are ineffective in mitigating the free-cash-flow problem because paying dividends is not mandatory and hence managers always have the option to stop paying dividends- A firm can smooth its dividend payments across periods by adopting a residual dividend policy- If a firm adopt a target payout policy, the firm pays the same percentage of net income as dividends across periods. ? Question:- 1 and 2 only- 1 and 3 only- 2 and 3 only- none of the above- all of the above
Which of the following statement(s) about dividends are FALSE?
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