Question: Define each of the following terms: a. Proxy; proxy fight; takeover; preemptive right; classified stock; founders shares b. Closely held stock; publicly owned stock c.
a. Proxy; proxy fight; takeover; preemptive right; classified stock; founders’ shares
b. Closely held stock; publicly owned stock
c. Intrinsic value (P0); market price (P0)
d. Required rate of return, rs; expected rate of return, ^rs; actual, or realized, rate of return, rs
e. Capital gains yield; dividend yield; expected total return
f. Normal, or constant, growth; supernormal, or nonconstant, growth; zero growth stock
g. Preferred stock
h. Equilibrium; Efficient Markets Hypothesis (EMH); three forms of EMH
i. Purely rational behavior; animal spirits; herding instincts; anchoring; behavioral finance
Step by Step Solution
3.38 Rating (167 Votes )
There are 3 Steps involved in it
a A proxy is a document giving one person the authority to act for another typically the power to vote shares of common stock If earnings are poor and stockholders are dissatisfied an outside group ma... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
49-B-C-F-S (43).docx
120 KBs Word File
