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. Intrinsic value (Po); market price (Po)
d. Required rate of return, r; expected rate of return, î; actual, or realized, rate ofreturn, F,
e. Capital gains yield; dividend yield; expected total return
f. Normal, or constant, growth; supernormal, or nonconstant, growth; zero growthstock
g. Preferred stock
h. Equilibrium; Efficient Markets Hypothesis (EMH); three forms of EMH
i. Purely rational behavior; animal spirits; herding instincts; anchoring; behavioralfinance