 |  Fundamentals of Corporate Finance, 4/e Stephen A. Ross,
Massachusetts Institute of Technology
Randolph W. Westerfield,
University of Southern California
Bradford D. Jordan,
University of Kentucky
Gordon S. Roberts,
York University
Stock Valuation
Key TermsBelow are the key terms featured in this chapter. Clicking on a term will reveal its definition. The textbook's full glossary is also available for online searching.
| Capital Gains Yield | The dividend growth rate or the rate at which the value of an investment grows.
(See Refer to page 244)
| | | | | Common Stock | Equity without priority for dividends or in bankruptcy.
(See Refer to page 246)
| | | | | Cumulative Voting | Procedure where a shareholder may cast all votes for one member of the board of directors.
(See Refer to page 261)
| | | | | Dividend Growth Model | Model that determines the current price of a stock as its dividend next period, divided by the discount rate less the dividend growth rate.
(See Refer to page 240)
| | | | | Dividends | Payment made out of a firm's earnings to its owners, either in the form of cash or stock.
(See Refer to page 246, 565)
| | | | | Dividend Yield | A stock's cash dividend divided by its current price.
(See Refer to page 244)
| | | | | Preferred Stock | Stock with dividend priority over common stock, normally with a fixed dividend rate, often without voting rights.
(See Refer to page 248)
| | | | | Proxy | Grant of authority by shareholder allowing for another individual to vote his or her shares.
(See Refer to page 262)
| | | | | Straight Voting | Procedure where a shareholder may cast all votes for each member of the board of directors.
(See Refer to page 261)
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2002 McGraw-Hill Higher Education