1. In the capital allocation decsion-making process relating to the free cash vlows of a company, one othe two available actions is the Distribution of these funds. Which of the following is not a concern when a firm chooses to payout dividends to the stockholders of record?

   	a.	Can a program to pay dividends be sustained over a long period of time?
   	b.	What is being signaled to the market through the payment of dividends to stockholders?
   	c.	Will current stockhokders get hooked or expectational of future increasing dividends?
   	d.	How can these dividend payments lead to a better stock buyback program?