Question 24 4 pts Which of the following statements pertaining to the theory of dividend irrelevance is/are correct? 1) An investor can reinvest excess dividends in order to reduce current dividends and increase future dividends 2) A firm can repurchase shares of stock in order to increase current dividends and reduce future dividends 3) Firms will usually benefit from the decision to forgo a positive NPV project in order to pay more dividends O 1 only O 1 & 3 only O 2 only O 2 & 3 only O 3 only O 1 & 2 only O 1, 2, & 3