Please help I am taking a test now. Need answers asap!

Which of the following statements is CORRECT? One advantage of dividend reinvestment plans is that they enable investors to avoid paying taxes on the dividends they receive. Despite its drawbacks, following the residual dividend model will tend to stabilize actual cash dividends, and this will make it easier for firms to attract a clientele that prefers high dividends, such as retirees. If a firm fadhere strictly to the residual dividend model, then, holding all else constant, its dividend payout ratio will tend to rise whenever its investment opportunities improve. If Congress eliminates taxes on capital gains but leaves the personal tax rate on dividends unchanged, this would motivate companies to increase their dividend payout ratios. If a company has an established clientele of investors who prefer a high dividend payout, and if management wants to keep stockholders happy, it should not adhere strictly to the residual dividend model. Taussig Technologies is considering two potential projects, X and Y. In assessing the projects' risks, the company estimated the beta of each project versus both the company's other assets and the stock market, and it also conducted thorough scenario and simulation analyses. This research produced the following data: Which of the following statements is CORRECT? Project X has the same market risk as Project Y since its cash flows are not correlated with the cash flows of existing projects. Project X has the same level of corporate risk as Project Y. Project X has more corporate (or within-firm) risk than Project Y. Project X has more market risk than Project Y. Project X has more stand-alone risk than Project Y