Preferred stock is characterized by ________

The Fisher Effect states the relationship between the nominal rate (r), the real rate (r*), and inflation (h). Suppose r= 5% and h = 4%

Many would say that the nominal rate is 9%. Is this true? Explain in terms of the relationship between the real rate and the inflation rate over time. What will be an ideal response?

Flowcharts are used to

A) summarize large amounts of statistical data. B) show the relative sizes of the parts of a whole. C) show how something looks or operates. D) illustrate processes and procedures.