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According to R. Edward Freeman in "Managing for Stakeholders," the Separation Thesis holds that business questions are distinct from ethical questions.
Annual Coupon Bond
A bond that pays interest to the holder annually until its maturity, at which point the principal is repaid.
Real Rate
The interest rate that has been adjusted for inflation, reflecting the true cost of borrowing or real yield on an investment.
Inflation
The rate at which the comprehensive cost of goods and services inflates, sapping the buying power.
Total Percentage Return
The total return on an investment, including both capital gains and dividends, expressed as a percentage of the initial investment.
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