1. The relationship between 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
2. The capital gains yield equals which one of the following?
A. Total yield
B. Required rate of return
C. Market rate of return
D. Dividend yield
E. Dividend growth rate
3. Jill owns 100 shares of 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
4. 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 absent