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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. Secondary market; primary market; going public; initial public offering (IPO)

d. Intrinsic value (Pˆ 0); market price (P0)

e. Required rate of return, rs; expected rate of return, ˆrs; actual, or realized, rate of return, r s

f. Capital gains yield; dividend yield; expected total return

g. Normal, or constant, growth; supernormal, or nonconstant, growth; zero growth stock

h. Equilibrium; Efficient Markets Hypothesis (EMH); three forms of EMH

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92327218

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