Some of the following statements are incorrect. Identify three of them and explain why you think they are incorrect. a) Dividend policy is irrelevant for a company is sometimes true. b) A share purchase is beneficial to the shareholders because it reduces the number of outstanding shares and increases the earnings per share. c) A company will increase dividends when the company makes a profit in any one year. d) Not many companies surveyed want to maintain a smooth dividend from year to year. e) Bonus shares issued to the shareholders will always change the value of the company.