You want a seat on the board of directors of Red Cow, Inc. The company has 260,000 shares of stock outstanding and the stock sells for $51 per share. There are currently 5 seats up for election. The company uses straight voting. How much will it cost you to guarantee that you will be elected to the board?
Q: There is 6 percent probability of recession, 21 percent probability of a poor economy, 47 percent…
A: Data for expected return calculation Probability Return 6% -20.80% 21% 4.40% 47% 12.20%…
Q: The cash flow to creditors is $ (Round to the nearest dollar.)
A: Cah flow to creditors is the amount of cash that a company pays towards the creditors. This can be…
Q: Why is my BA ii plus calculator rejecting the return on this bond? I get "error 5." I supposed to =…
A: A debt instrument that obliges its issuer to pay the par value along with a series of fixed periodic…
Q: Let's say it's February 2 and you think Amazon's earnings will beat Wall Street's estimates on…
A: Buying a stock Buying a stock means purchasing the stock at its current market price prevailing…
Q: The stock in Bowie Enterprises has a beta of 1.10. The expected return on the market is 12.40…
A: Beta of stock = 1.10 Market return = 12.40% Risk free rate = 3.21%
Q: Which of the following is higher risk? a. Stock market index mutual fund. b. Bond mutual fund c.…
A: A risky investment is an investment that has a higher potential for loss, as compared to other…
Q: The lengths of the 3 sides of a triangle have a ratio of 3:5:7. The perimeter of the triangle is 180…
A: The perimeter of a two-dimensional shape is the total length of the boundary of the shape. It is the…
Q: Eight years ago you financed a new $135,000 house with an 8% down payment and a 30-year mortgage on…
A: Here, Loan Amount is $135,000 Down Payment is 8% Time Period of Loan is 30 years Annual Interest…
Q: 1. Walmart's net sales in fiscal year 2021 increased $6.79% from 2020 to $555,233 million, its gross…
A: A statement that depicts any entity's gross and net revenues earned overtime is considered as its…
Q: QUESTION 7 A company receives a 5-year $100 million loan commitment from Wells Fargo at a…
A: A loan commitment is a promise made by a corporate or other finance institutions to lend a specific…
Q: You borrow $325,000 to buy a home using a 30-year mortgage with an interest rate of 3.75 percent and…
A: The question is based on the concept of Annuity in Financial Management. Annuity refers to the…
Q: Discuss the following hedging technics and where possible give examples: Leads and lags , Risk…
A: Leads and lags are hedging techniques used in international trade to manage the risk of changes in…
Q: James Bond bought a 100,000 par value bond from MI Inc. with a term of 5 years and a coupon of 6.50%…
A: A bond indicates a debt instrument that obliges its issuer to pay a series of periodic payments…
Q: You see a TV for $1899 and the sign says 30% off. You also have a coupon for 20% off the sale price…
A: The successive discount on stated % is different from a single discount %. A discount of 30% and 20%…
Q: A $1000 deposit in an account earns interest at an annual nominal rate of 8.00%. Interest is…
A: Future value is the accumulated value of a sum of money deposited for a specified period of time at…
Q: he table below gives you some information with respect to bonds. Calculate the yield-to-maturity for…
A: Yield to maturity is the return that the bond holder receives if they held the bond until maturity.…
Q: What is a credit card’s grace period? A) it is the amount of time after a purchase and before it…
A: Introduction: The time between the end of the billing cycle and the payment due date is called the…
Q: Describe the differences between investment, savings, speculation and gambling and identify the…
A: There are various types of investment alternatives in which investor put their funds according to…
Q: Firm currently pays a dividend of 4 EURO per share. That dividend is expected to grow at a 5 % rate…
A: Step 1 Intrinsic Value The present value of all anticipated future cash flows, discounted at the…
Q: Compute the total and annual returns on the described investment. Five years after buying 200 shares…
A: Any sum infused into different alternatives available in the market to earn income from it and…
Q: Owners of a business are contemplating investing $550,000 in non-current assets in early January…
A: 1. $265000 2. Yes, $285000 Explanation:- Inflows. $ 2012 2013 Cash flow:-…
Q: nvestigate the effect of the term on simple interest amortized auto loans by finding the monthly…
A: When a lender lends money to a borrower, he charges interest on the amount borrowed. Depending on…
Q: A project that will last for 7 years is expected to have equal annual cash flows of $103,000. If the…
A: Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or…
Q: Which of the following is true about credit cards? A) when you use one, the money is taken directly…
A: A) False. When you use a credit card, the money is not taken directly from your bank account.…
Q: Using Exchange Rates Use the information below to answer the following questions. U.S. $…
A: The exchange rate is the rate at which the currencies of two different countries are traded in the…
Q: In the case of the 2008 Enron Scandal: In what ways could the regulatory bodies’ timely…
A: The Enron scandal of 2008 is a prime example of corporate malfeasance and negligence that resulted…
Q: Complete the loan amortization schedule for a Mortgage that will be repaid over 360 months and…
A: A mortgage is a sum borrowed to meet specific personal or business funding requirements. The…
Q: Ludwig borrowed $8,000 on July 20, at 11% interest. If the loan was due on October 17, what was the…
A: Step 1 A percentage of the principal, or the amount loaned, is what a lender charges a borrower as…
Q: Complete the missing variables in the table below; bgs Annual nominal Cmpd/year # years…
A: According to bartleby guidelines , if question involves multiple subparts , then 1st sub 3 parts…
Q: Maroon Industries has a debt-equity ratio of 1.4. Its WACC is 14 percent, and its cost of debt is 9…
A: The cost of equity is the return that the company pays on average to its owners. The cost of debt is…
Q: James Bond bought a $100,000 par value bond from MI Inc. with a term of 5 years and a coupon of…
A: First, we need to determine the price of the bond by discounting the future coupons and par value to…
Q: nsider the following information: Rate of Return if State Occurs State…
A: Portfolio return With expected return of stock A (rA), expected return of stock B (rB), expected…
Q: A perpetuity-immediate pays 10,000 at the end of each year. An annuity-immediate pays 10,444.07 at…
A: Perpetuity- immediate pays 10,000 at the end of each year An Annuity- immediate pays 10,444.07 at…
Q: Tanaka Machine Shop is considering a 4-year project to improve its production efficiency. Buying a…
A: concept. Net Present Value (NPV). It is a capital budgeting technique used for making investment…
Q: Imagine that two friends, Zari and Salomé, each buy an iPod touch for $300, and pay with a credit…
A: The money's time worth reveals that any current amount is worth more as compared to its worth in the…
Q: What is the principal objective of the production budget? Forecast cost of goods sold to…
A: A production budget spells out the quantum and timing of production. It's a statement of what to…
Q: The money market is the short-term market for stocks and bonds. Select one: True OR False
A: The money market is a market for short-term, low-risk debt securities that have a maturity of one…
Q: The outstanding bonds of Winter Tires Inc. provide a real rate of return of 3.2 percent. If the…
A: The Fisher equation, named after economist Irving Fisher, is a fundamental concept in macroeconomics…
Q: A loan of £70,000 is repaid in 18 annual instalments of £6,400,with the first repayment due in one…
A: A loan is a contract where money is forwarded in exchange for a promise of future repayment. It is…
Q: Management thinks that, while all of the assumptions about cash flows are the same, but rather than…
A: Here, Given Information Amount Cost of equipment needed $ 130,000.00 Working capital needed…
Q: Year Sales (in 000s) 1 225.00 2 236.25 3 243.125 4 248.00 a) What was the growth rate in sales…
A: Sales in year 1 = s1 = 225,000 Sales in year 2 = s2 = 236,250 Sales in year 3 = s3 = 243,125 Sales…
Q: In 2022, a makeup cash flow from assets was $8,980, cash flow to creditors was $890, and cash flow…
A: An expansion plan typically refers to a company's strategy to grow its business by increasing…
Q: Suppose your MasterCard calculates interest using the average daily balance method, and the monthly…
A: "Since you have posted a question with multiple sub-parts, we will provide the solution only to the…
Q: 19 Consider the following limit-order book for FinTrade stock. The last trade in the stock occurred…
A: Solution:- Stock price means the price at which the stock is currently trading in the market.…
Q: True or False: The following statement accurately describes how firms make decisions related to…
A: Retained earnings Some part of net earnings can be distributed to its existing shareholders as…
Q: You own a bond that pays $73 in interest annually. The face value is $1,000 and the current market…
A: The Given set of data is Interest payment (C) annually is $73 The face value (F) is $1000 The…
Q: Pool-N-Patio World needs to borrow $70,000 to increase its inventory for the upcoming summer season.…
A: Amortization of a loan refers to the process of paying off a debt over time, usually through a…
Q: Q4) Bond Price For the following Corporate Bond market quote, calculate the Bid Price and the Ask…
A:
Q: 1. what are bonds and why would a company use them? 2. how do you value a bond? 3. what are bond…
A: The bonds form an important part of the capital raised by companies. The bonds are a part of the…
Q: On June 30, 2018, Blue, Inc. leased a machine from Large Leasing Corporation. The lease agreement…
A: Present Value (PV) is a financial concept that represents the current value of a future sum of money…
You want a seat on the board of directors of Red Cow, Inc. The company has 260,000 shares of stock outstanding and the stock sells for $51 per share. There are currently 5 seats up for election. The company uses straight voting. How much will it cost you to guarantee that you will be elected to the board?
To guarantee that you will be elected to the board of directors, you need to win more votes than any other candidate. In straight voting, each shareholder can cast one vote for each seat up for election. Therefore, to win a seat, you need to secure more than 50% of the votes cast.
In this case, there are 5 seats up for election, so you need to secure more than 50% of the votes cast for at least 3 of the seats. Since each share of stock entitles the shareholder to one vote, you need to control at least 50% + 1 of the outstanding shares of stock to guarantee your election to the board.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- you want a seat on the board of directors of four keys, the company has 315000 shares of stock outstanding and the stock sells for 46 per share. There are currently 4 seats up for election. If the company uses cumulative voting, how many share do you need to guarantee that you will be elected to the boardYou want a seat on the board of directors of Four Keys, Incorporated. The company has 200,000 shares of stock outstanding and the stock sells for $69 per share. There are currently 5 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 90,001 shares 100, 001 shares 66, 668 shares 40, 000 sharesYou want a seat on the board of directors of Four Keys, Incorporated. The company has 220,000 shares of stock outstanding and the stock sells for $69 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board? Multiple Choice 33,001 shares 73, 334 shares 110,001 shares 36, 668 shares 44,000 shares
- Sokka Inc has 210,000 sharesoutstanding priced at $29 a share.There will be four open positions. on its board in the next election.Currently, you are not a shareholder but would like to become one and alsogain a seat on the board. How muchwill it cost you to buy a seat if thecompany uses straight voting?A) $2,646,077 B) $3,670,947 C)$3,012,044 D)1,218,029 E)$3,045,029 Please answer fast I will give you upvoteu want a seat on the board of directors of Zeph, Inc. The company has 310,000 shares of stock outstanding and the stock sells for $49 per share. There are rrently 5 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board? Multiple Choice $2,531,716 $13.020,084 $3.906.076 $8,680,084You want a seat oin the board of directors of Four Keys. Inc. The company hase 290000 shares of stocks outstanding and the stock sells for $61 per share. There are currently 4 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board?
- ABC Co. needs to elect four individuals to board of directors position. ABC has 180,000 shares outstanding and the stock is currently selling for $30 . Individual A wants to serve on the board of directors. How much will it cost A (number of shares times price ) to buy a seat if the company uses straight voting? What if the firm uses cumulative voting? $2,700,030; $1,080,030 $2,640,030; $1,320,030 $2,700,030; $1,350,030 $2,640,030; 1,360,030 $2,710,030; $1,430,030Suppose that you represent a group of shareholders who collectively holds 300,000 shares of stock in XYZ Corporation. XYZ Corporation has cumulative voting and has a total of 2,000,000 shares outstanding. There are five open seats on the Board of Directors and seven candidates running for a position on the BOD. Can your group be assured that it can get one person on the BODs?The shareholders of the Unicorn Company need to elect seven new directors. There are 2 million shares outstanding. How many shares do you need to be certain that you can elect at least one director if a. Unicorn has straight voting? b. Unicorn has cumulative voting?
- Rho Corporation is electing three directors to its board using cumulative voting, and there are 1,000,000 shares outstanding. If you were a shareholder who wants to be elected to the board, how many Rho Corporation shares must you own to guarantee yourself a directorship seat on the board?You own 250 shares out of 1,500 shares outstanding. Your co-owner owns the other 1,250 shares. There are 4 directors being elected. Assuming cumulative voting, calculate the number of shares you need to own to elect at least one director to the Board.A firm has four open positions on its board of directors. How many shares do you need to own to guarantee your own election to the board if the firm has 387,500 shares of stock outstanding and uses cumulative voting? Each share is granted one vote.