Suppose a firm has 49.6 million shares of common stock outstanding and 14 candidates are up for election to 7 seats on the board of directors.  If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election of 1 member to the board? (Do not round intermediate calculations. Round your answer to a whole number.)

Starware Software was founded last year to develop software for gaming applications. The founder initially invested $800,000 and received 12 million shares of stock. Starware now needs to raise a second round of​ capital, and it has identified a venture capitalist who is interested in investing. This venture capitalist will invest $1.00 million and wants to own 13% of the company after the investment is completed. a. How many shares must the venture capitalist receive to end up with 13% of the​ company? What is the implied price per share of this funding​ round? b. What will the value of the whole firm be after this investment​ (the post-money​ valuation)?

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; $1,430,030

For the following four IPOs, please find the total amount raised, the amount that went to the firm, and the amount that went to the underwriters/investment banks, and the gross spread. This information is available on the SEC Edgar database. Total S Amount S Raised by the SAmount Paid to S Offer S Bid Gross Raised Investment Banks Price Price Issuer Spread % Wingstop Shake Shack Alibaba Wingstop

Jolie has an outstanding order with her stock broker to purchase 1,000 shares of every IPO. The current three IPOs are each priced at $16 a share and all started trading this morning. Jolie was allocated 300 shares of IPO A, 100 shares of IPO B, and 1,000 shares of IPO C. IPO A opened at $17 a share this morning and ended the day at $17.50 a share. IPO B opened at $21 a share and finished the day at $23 a share. IPO C opened at $16 a share and ended the day at $14.50 a share. What is Jolie's total profit or loss on these three IPOS as of the end of the day? O a. -$400 O b. -$350 O c. -$200 O d. -$150 O e. -$100

You currently own 600 shares of stock AAA.  The stock currently trades at $3 a share.  The company is contemplating a 1-for-3 reverse stock split.  Which of the following best describes your position after the proposed stock split takes place?     You will have 200 shares of stock with $9 a share.     You will have 1,800 shares of stock with $1 a share.     You will have 200 shares of stock with $9 a share.     You will have 1,800 shares of stock with $9 a share.

Baghiben

You are the cfo of a company that has a market cap of 20B. The firm has 50 M shares outstanding, so the shares are trading at 400 per share. You need to raise 1B and have announced a rights issue. Each existing shareholder is sent one issuance right for every share they own. You need to decide how many rights you will require to purchase one share of new stock. You require 16 rights to purchase one share at a price of 320 per share, or 30 rights to purchase two shares at a price of 300 per share. How many shares will be issued with the first approach? How much money will be raised with the first approach? How many shares will be issued with the second approach? How much money will be raised with the second approach? What is the new stock price after issuing money with the second approach? What is the new stock price after issuing money with the first approach?