Several factors may encourage firms to adjust dividend policy. Which of the following are plausible reasons?

$($i$)$ Increasing dividends sends a positive signal to the market.

$($ii$)$ Higher dividends help to diminish agency conflicts between stockholders and bondholders.

$($iii$)$ Lower dividends might help to attract older investors in low marginal tax brackets.

Group of answer choices

Only $($i$)$ and $($ii$)$ are troe.

Only $($i$)$ and $($iii$)$ are true$/$

Only $($ii$)$ is true.

Only $($i$)$ is troe.

None is true.