A constructive trust helps the agent retain profits made during the completion of the agency

$1,000 received 5 years from today discounted at an annual rate of 10% has a smaller present value than $1,000 received 10 years from today discounted at an annual rate of 5%

Indicate whether the statement is true or false.

According to the expectations theory, the actual dividend must equal the expected dividend, or else

the stock price will decrease after the dividend amount is announced. Indicate whether the statement is true or false