If the Information Content, or Signaling, Hypothesis Is Correct, Then

question 1

True/False

If the information content, or signaling, hypothesis is correct, then changes in dividend policy can be important with respect to firm value and capital costs.

---

Definitions:

Labial Junction

The area where the labia majora (outer labia) or labia minora (inner labia) meet, typically near their anterior or posterior ends.

Clitoral Hood

A fold of skin covering the glans of the clitoris.

Urethral Meatus

The external opening of the urethra from which urine exits the body in both males and females and through which semen is ejected in males.

Labia Majora

The outer folds of skin surrounding the external parts of the female genitalia, functioning as protective structures.