Question: please solve by hand and show equations! thanks! After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on

your corporate finance class, you feel the next challenge ahead is to

please solve by hand and show equations! thanks!

serve on the board of directors of College Searches Enterprises. Unfortunately you

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of College Searches Enterprises. Unfortunately you will be the only individual voting for you. a. (5 points) If College Searches has 100,000 shares outstanding and the stock currently sells for $30, how much will it cost you to buy a seat if the company uses straight voting? b. (5 points) Assume that McHamburger uses cumulative voting and there are four seats in the current election; how much will it cost you to buy a seat now? After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of College Searches Enterprises. Unfortunately you will be the only individual voting for you. a. (5 points) If College Searches has 100,000 shares outstanding and the stock currently sells for $30, how much will it cost you to buy a seat if the company uses straight voting? b. (5 points) Assume that McHamburger uses cumulative voting and there are four seats in the current election; how much will it cost you to buy a seat now? After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of College Searches Enterprises. Unfortunately you will be the only individual voting for you. a. (5 points) If College Searches has 100,000 shares outstanding and the stock currently sells for $30, how much will it cost you to buy a seat if the company uses straight voting? b. (5 points) Assume that McHamburger uses cumulative voting and there are four seats in the current election; how much will it cost you to buy a seat now

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