Question 15 When a corporation declares a stock split, it usually does so because O a. there are too many shares of stock outstanding. O b. investors sometimes require nontaxable returns. O c. the firm's management wants to enhance the stock's trading appeal by lowering its market price. C d. the firm's retained earnings are excessive. Question 16 3 points Save Answer A stock is expected to pay $5.50 per year in dividends for each of the next four years and be trading at a price of $115 at the end of four years. What rate of return would the investor ealize O a B percent O b. 7 percent O G. 12 percent O d. 6 percent