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begin{tabular}{|l|l|l|} hline Question & True or False? & Explain hline begin{tabular}{l} All else constant, a decrease in the stock price will increase

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\begin{tabular}{|l|l|l|} \hline Question & True or False? & Explain \\ \hline \begin{tabular}{l} All else constant, a \\ decrease in the stock price \\ will increase the dividend \\ yield of a stock. \end{tabular} & True & \\ \hline \begin{tabular}{l} Common stock dividends \\ can be either cumulative or \\ non-cumulative. \end{tabular} & & \\ \hline \begin{tabular}{l} Dividends are a tax- \\ deductible expense \end{tabular} & \\ \hline \begin{tabular}{l} The stockholders determine \\ the amount of dividend to \\ be paid. \end{tabular} & & \\ \hline \end{tabular}

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