Which of the following will be a source of cash flows for a shareholder of a certainstock?

I. Sale of the shares at a future date

II. The firm in which the shares are held paying out cash to shareholders in the form of dividends

III. The firm in which the shares are held increasing the total number of shares outstanding through a stock split

A.

I only

B.

II only

C.

I and II

D.

II and III