In a Corporation, the Members of the Board of Directors

question 121

Multiple Choice

In a corporation, the members of the board of directors are elected by the

• A) chief executive officer.
• B) creditors.
• C) stockholders.
• D) employees.

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Definitions:

Coupon

The interest rate stated on a bond when issued, which represents the annual interest payment made to the bondholder.

Real Rate Of Return

The yearly percent gain achieved from an investment, corrected for price variations caused by inflation or other external factors.

Inflation Rate

Inflation rate is the annual percentage increase in the general price level of goods and services in an economy over a period of time.

Annually

Occurring once every year, often used to describe financial operations or events that happen yearly.