115.Which of the following are valid reasons for a rm to reduce or eliminate its cash dividends? l. The rm is on the verge of violating a bond restriction which requires a current ratio of 1.8 higher. It. The rm has just received a patent on a new product for which there is strong market dem and it needs the funds to bring the product to the marketplace. [||. The rm can raise new capital easily at a very low cost. IV. The tax laws have recently changed such that dividends are taxed at an investor's margi rate while capital gains are tax exempt. A. l and Ill only B. [I and 1V only C. II, III, and IV only D. I, II, and IV only E. i, II, III, and IV