Which one of the following refers to the ability of shareholders to undo a firm's dividend policy and create an alternative dividend policy

The ex-dividend date is defined as _____ business day(s) before the date of record.    A.  1 B.  2 C.  3 D.  5 E.  10 Refer to section 17.1

6.	Which one of the following dates is used to determine the names of shareholders who will receive a dividend payment?    A.  ex-rights date B.  ex-dividend date C.  date of record D.  date of payment E.  declaration date Refer to section 17.1

7.	Dividend payments are mailed on which one of the following dates?    A.  ex-rights date B.  ex-dividend date C.  date of record D.  date of payment E.  declaration date Refer to section 17.1

8.

Which one of the following refers to the ability of shareholders to undo a firm's dividend policy and create an alternative dividend policy by reinvesting dividends or selling shares of stock?    A.  perfect foresight model B.  personalization C.  recapitalization D.  offsetting leverage E.  homemade dividend policy Refer to section 17.2

9.

What is the information content effect?    A.  any type of new information that causes a firm to cease paying dividends B.  any news announcement that was anticipated and thus produces no reaction from investors C.  the primary contributing data that helps directors determine the amount of a particular dividend payment D.  any type of reaction from a shareholder in response to a news announcement related to the stock issuer E.  the financial market's reaction to a change in the amount of a firm's dividend Refer to section 17.5