Please provide explanations to the following listed below

Which of the following statements is correct? A) A firm with the highest PIE ratio among its peers, other things constant, suggests it is more highly valued than its peers. B) A firm with higher growth expectations will have, other things constant, a lower PIE ratio. C) A firm with higher risk will have, other things constant, a higher PIE ratio. PIE ratios are unaffected by differences in accounting practices among firms. Stock repurchases A) the number of shares and as a result increase the price of stock B) create capital gains have a tax advantage. C) ugucirregularly D) All of the above are correct The characteristics of a firm's dividend policy may include l. Paying a dividend to reduce investor uncertainty. IL A stock repurchase, rather than a regular dividend, when the company can reallocate profits into highly successful projects. Ill. Paying dividends and issuing debt to finance new projects IV. A regular dividend increase when earnings stability is reduced. A) II, Ill, and IV B) II, and Ill C) land II D) II and Ill Which of the following is likely to lead to a decrease in a firm's dividend payout ratio, all else the same? A) B) C) D) l. The outlook for the industry suggests low growth and a low rate of innovation for all firms in the industry. 11_ The firm's operating earnings become more stable. Ill. The firm's strategy changes as it enters new markets with greater Investment opportunities. II only I and Ill Ill onlyl l, II, and Ill