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Business, 21.11.2020 19:40 jmurguia888

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?

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ABC Co. needs to elect four individuals to board of directors position. ABC has 180,000 shares outst...
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