Question: Studying for exam please make the answer clear and precise 5 After successfully completing your corporate finance class, you feel the next challenge ahead is

Studying for exam please make the answer clear and precise

5 After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. The company has 390,000 shares outstanding, and the stock currently sells for $43, If there are four seats in the current election, how much will it cost you to buy a seat? (Do not round intermediate calculations.) 10 points Answer is complete but not entirely correct. Total cost $ 8,385,043

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