Examlex
If the probability of making a transition from a state is 0,then that state is called a(n)
Super-Normal Voting Rights
Voting rights that are greater than one vote per share, typically granted to certain class of shares to retain control in a company.
Preemptive Right
The right of existing shareholders to purchase additional shares in a company before the company offers them to the public, to maintain their proportionate ownership in the company.
After-Tax Yield
The profitability of an investment after all taxes have been deducted, providing a true picture of the investment's return.
Required Return
The minimum rate of return that an investor expects to receive from an investment, accounting for risk preferences and inflation expectations.
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