Question: Please help to answer to these questions: 10. After you have successfully completed your corporate finance course, you see your next challenge as serving on
Please help to answer to these questions:
10. After you have successfully completed your corporate finance course, you see your next challenge as serving on Schenkel's board of directors.
After you have successfully completed your corporate finance course, you think the next challenge is to serve on Schenkel's board of directors. Unfortunately, you will be the only one voting for yourself. If the company has 650,000 shares outstanding, and the stock price is now $43, how much would you pay for a seat on the board if the company were to use direct voting?
11. In the previous question, assume that the company uses cumulative voting and that it is now
In the previous question, assuming the company uses cumulative voting and now has three to four seats available, how much would you pay for a seat?
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