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Seat of Board of Directors Assignment | Homework For You

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June 2nd, 2020

You want a seat on the board of directors of Red Cow Inc. The company has 240,000 shares of stock outstanding and the stock sells for $63 per share. There are currently 4 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?Homework For You

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a. $7,560,063

b. $ 5,292,063

c. $3,024,063

d. $3,780,000

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e. $6,804,057. Get Finance homework help today

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