We call it fundamental analysis to buy stocks when their market values are lower than intrinsic values or to sell stocks when their market values are higher than intrinsic values. True False We need to rely on the market price if there is a difference between the market price and the intrinsic value. True False A proxy is a document giving one party the authority to act for another party, including the power to vote shares of common stock. Proxies can be important tools relating to control of firms. True False If a firm's stockholders are given the preemptive right, this means that stockholders have the right to call for a meeting to vote to replace the management. Without the preemptive right, dissident stockholders would have to seek a change in management through a proxy fight. True False The current market price of a certain stock is always the same as the intrinsic value. True False Stock return can be broken down to dividend yield and short term yield capital gains yield long term yield risk premium current yield