# Question: Suppose a firm has 15 million shares of common stock

Suppose a firm has 15 million shares of common stock outstanding and six candidates are up for election to five seats on the board of directors.

a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board?

b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board?

a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board?

b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board?

## Answer to relevant Questions

Suppose a firm has 50 million shares of common stock outstanding and eight candidates are up for election to six seats on the board of directors.a. If the firm uses cumulative voting to elect its board, what is the minimum ...At the beginning of the year, you purchased a share of stock for $ 35. Over the year the dividends paid on the stock were $ 2.75 per share. a. Calculate the return if the price of the stock at the end of the year is $ 30. b. ...What is the spot market for FX? What is the forward market for FX? What is the position of being net long in a currency?Why must the current account balance equal the value of the capital account balance (in opposite sign)?The following table lists balance of payment current accounts for Country A.a. What is Country A’s total current accounts? b. What is Country A’s balance on goods? c. What is Country A’s balance on services? d. What ...Post your question