Which of the Following Was Not Identified in the Textbook

question 7

Multiple Choice

Which of the following was not identified in the textbook as an attribute of an effective board member?

• A) strong personal and professional networks
• B) unknown in their field
• C) investment and/or operating experience
• D) ability and willingness to mentor the CEO and the top managers of the firm
• E) pattern recognition skills

---

Definitions:

Yield To Maturity

The total return anticipated on a bond if it is held until the date it matures, including both interest payments and capital gains.

Real Rate Of Return

The annual percentage profit earned on an investment, adjusted for changes in the price level due to inflation or other external effects.

Inflation Rate

The general rise in prices across goods and services, resulting in a decrease in the ability to purchase.

Semiannual Coupon

A fixed interest payment on a bond that is made twice a year.