If an investor in a common stock expects a return of 6% a year on his investment, he is expecting the yield plus the price appreciation to equal 6% a year. True False You won the lotteryl , You are going to get paid 23 annual payments, starting today that add up to $40,443,585. Using a 0.05 discount rate how much did you really win? (Ignore taxes) If management operates in a manner designed to maximize the firm's expected profits for the current year, this will also maximize the stockholders' wealth as of the current year. True False Capital markets are markets for For financial assets with a maturity of less than one year For financial assets with a maturity of more than one year