The following statements relate to the dividend policy. ① According to MM, in a perfect capital market, shareholders are indifferent between dividends and capital gains.② A residual theory states that dividends should be paid ahead of investing in positive NPV projects.Are the statements true or false?（ ）
选项：

A:Both statements are true.
B:Both statements are false.
C:Statement ① is true and statement ② is false.
D:Statement ② is true and statement ① is false.