QUESTION 15 For a stock to be in equilibrium, two conditions are necessary: (1) The stock's market price must equal its intrinsic value as seen by the marginal investor and (2) the expected return as seen by the marginal investor must equal this investor's required return O True False QUESTION 16 Classified stock differentiates various classes of common stock, and using it is one way companies can meer special needs such as when owners of a start-up firm need additional equity capital but don't want to relinquish voting control. True False