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Question 3 3 pts Consider the following assertions about observed dividend policies among firms listed on US stock exchanges. Which of these plausibly describe

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Question 3 3 pts Consider the following assertions about observed dividend policies among firms listed on US stock exchanges. Which of these plausibly describe historical dividend policies? (i) Dividends paid by the majority of dividend-paying firms vary significantly year-by-year depending on corporate profits. (ii) Almost all listed on US stock exchanges pay dividends. (iii) The portion of firms listed on US stock exchanges that pay dividends has decreased since the 1970's. Only (i) and (iii) are true. Only (ii) is true. None are true. Only (iii) is true. Only (ii) and (iii) are true.

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