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You want a seat on the board of directors of Four Keys, Incorporated. The company has 175,000 shares of stock outstanding and the stock sells for $84 per share. There are currently 3 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board? Multiple Choice C 43,751 shares 78,751 shares 65,626 shares 58,333 shares

You want a seat on the board of directors of Four Keys, Incorporated. The company has 175,000 shares of stock outstanding and the stock sells for $84 per share. There are currently 3 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board? Multiple Choice C 43,751 shares 78,751 shares 65,626 shares 58,333 shares

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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You want a seat on the board of directors of Four Keys, Incorporated. The company has 175,000 shares of stock outstanding and the stock sells for $84 per share. There are currently 3 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board? Multiple Choice 43,751 shares 78,751 shares 65,626 shares 58,333 shares 87,501 shares
Transcribed Image Text:You want a seat on the board of directors of Four Keys, Incorporated. The company has 175,000 shares of stock outstanding and the stock sells for $84 per share. There are currently 3 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board? Multiple Choice 43,751 shares 78,751 shares 65,626 shares 58,333 shares 87,501 shares
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