The relationship nominal returns, real returns and inflation is referred to as the: A. call premium. B Fisher effect. C. conversion ratio. D. spread. E. current yield. The capital gains yield equals which one of following? A. Total yield the B. Required rate of return C. Market rate of return D. Dividend yield E. Dividend growth rate Jill owns 100 shares stock. Each share entitles her to one vote per open seat on the board of directors. Assume there are three open seats in the current election and Jill casts all 300 of her votes for a single candidate. What is the term used to describe this type of voting? A. Proxy B. Aggregate C. Cumulative D. Straight E. Condensed Nate could not attend the last shareholders' meeting and thus he granted the authority to vote on his behalf to the managers of the firm. Which term applies to this granting of authority? A. Straight B. Cumulative C. Consent form D. Proxy E. In absentia Mike is considering an investment that will pay $9.400 a year for four years, starting one year from today. What is the present value of this investment if he desires a rate of return of 10.2 percent? A. $17, 899.08 B. $19, 117.36 C. $20, 186.75 D $29, 668.19 E. $38, 153.55