Which of the following statements are false? 1. A company can always increase its stock price by paying out more in dividends. 2. Non-dividend paying stocks typically decrease in value over time. 3. Preferred shareholders typically have the right to elect corporate directors. 4. The dividend growth model can be used to value preferred stock. Which of the following statements are false? 1. Preferred stocks have constant growth dividends. 2. Distributions to shareholders include net income, dividends, and cash flows. 3. Rapidly growing companies often pay no dividends. 4. Non-dividend paying stocks typically decrease in value over time