Business, 05.11.2019 02:31 jalenrussell321

Hi-lo has 160,000 shares outstanding priced at $33 a share. there will be three open positions on its board in the next election. currently, you are not a shareholder but would like to become one and also gain a seat on the board. a. how much will it cost you to buy a seat if the company uses straight voting? b. what if the firm uses cumulative voting?

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Hi-lo has 160,000 shares outstanding priced at $33 a share. there will be three open positions on it...