Q2 Which of the following should not influence a firms dividend policy decision?
a.	The firms ability to accelerate or delay investment projects.
b.	A strong preference by most shareholders for current cash income versus capital gains.
c.	Constraints imposed by the firms bond indenture.
d.	The fact that much of the firms equipment has been leased rather than bought and owned.
e.		The fact that Congress is considering changes in the tax law regarding the taxation of dividends versus capital gains.

Answer both sub-questions:

2-1. Which one is right (4 points)?

2-2. What is wrong for each other (4x2=8 points)?