Abstract
We prove the B. and M. Shapiro conjecture that if the Wronskian of a set of polynomials has real roots only, then the complex span of this set of polynomials has a basis consisting of polynomials with real coefficients. This, in particular, implies the following result:
If all ramification points of a parametrized rational curve ϕ:ℂℙ1→ℂℙr lie on a circle in the Riemann sphere ℂℙ1, then ϕ maps this circle into a suitable real subspace ℝℙr⊂ℂℙr.
The proof is based on the Bethe ansatz method in the Gaudin model. The key observation is that a symmetric linear operator on a Euclidean space has real spectrum.
In Appendix A, we discuss properties of differential operators associated with Bethe vectors in the Gaudin model. In particular, we prove a statement, which may be useful in complex algebraic geometry; it claims that certain Schubert cycles in a Grassmannian intersect transversally if the spectrum of the corresponding Gaudin Hamiltonians is simple.
In Appendix B, we formulate a conjecture on reality of orbits of critical points of master functions and prove this conjecture for master functions associated with Lie algebras of types Ar, Br and Cr.

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