Which of the following statement is not correct? Select one: a. it has been observed that an increase in the dividend is often accompanied by an increase in the price of a share and that a dividend cut generally leads to a share price decline. b. to maximize share price a firm must take a residual dividend policy. c. none of these answers. d. if management is concerned about maintaining control, it may be reluctant to sell new shares. e. in general, managers do not want to issue new ordinary shares