Which of the Following Is True of the Impact of Dividend

Which of the following is true of the impact of dividend change on market value (MV) and book value (BV) ?

A) Firms with book values that exceed their market values are believed to have favourable investment opportunities.
B) High-MV/BV firms generally have higher dividend yields.
C) Low-MV/BV firms are likely to attract investors who are less interested in dividends.
D) Increases in the dividends of high-MV/BV firms are less likely to be viewed as a surprise.