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Which of the following statements are false? 1. The required return is the rate at which a stock's price is expected to appreciate. 1- Preferred

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Which of the following statements are false? 1. The required return is the rate at which a stock's price is expected to appreciate. 1- Preferred shareholders receive dividends before common shareholders. 3 Distributions to shareholders include net income, dividends, and cash flows. 4- A company can always increase its stock price by paying out more in dividends. C] Statement one (1} is false. C] Statement two (2} is false. 0 Statement three (3] is false. C] Statement four (4} is false

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