Question: Problem 7-9 Voting Rights [LO 21 halenge athead is to serve on the board of airectors of Schenkel Enterpnises Untortunately, you will be the only

Problem 7-9 Voting Rights [LO 21 halenge athead is to serve on the board of airectors of Schenkel Enterpnises Untortunately, you will be the only indvidual voting for you After saccesstully completing your corporate finance class, you tees the next c t the company has 570,000 shares outstanding and the stock currently selts for $31, how much will t cost you to buy a seat if the company uses straight voting? (Do not round internmediate calculations and round Total cost Assume t at the company uses cur utahe voting there re tree seats n the current eec ton, how much a? t cost you to buy a seat now? Do not round intermediate calculations and round your answer to Total cost

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