1.One advantage of Dividend Reinvestment Plans (DRIPS) is that reinvested dividends are not taxed.(True/False)

2. One alternative that companies use to distribute cash to shareholders instead of paying dividends is to repurchase shares(True/False)

3. Where raising capital is concerned, firms that are concerned about the dilution of concentration of control are most likely to have a higher dividend payout ratio(True/False)

4. One clientele that usually prefer dividends to capital gains are younger working people who are saving for retirement(True/False)