You hold 2000 shares of BTS Corp. Voting to elect the 7 members of BOD, how many votes will each of your chosen candidates get by straight voting? How much each of your two favorite candidates gets by cumulative voting
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You hold 2000 shares of BTS Corp. Voting to elect the 7 members of BOD, how many votes will each of your chosen candidates get by straight voting? How much each of your two favorite candidates gets by cumulative voting?
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- Todd Winningham IV has $4,500 to invest. Todd owns shares of Gallagher Tennis Clubs Inc. Gallagher has issued a rights offering to its common shareholders. Five rights plus $44 cash will buy one new share. Gallagher's stock is selling for $59 ex-rights. a-1. How many rights could Todd buy with his $4,500? Number of rights 1500 a-2. Alternatively, how many shares could he buy with the same $4,500 at $59 per share? (Round the final answer to the nearest whole number.) Number of shares 76 b. If Todd invests his $4,500 in Gallagher rights and the price of Gallagher stock rises to $65 per share ex-rights, what would be his dollar profit on the rights? (First compute profits per right.) (Do not round intermediate calculations.) Dollar profit $ 1800 c. If Todd invests his $4,500 in Gallagher shares and the price of a share rises to $65 per share ex-rights, what would be his total dollar profit? (Round intermediate calculations.) Total dollar profit $ 456 d. What would be the answer to part b…You 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 sharesIf cumulative voting is permitted: A. the total number of votes a shareholder has is equal to the number of shares owned. B. the total number of votes a shareholder has is equal to the number of shares owned times the average number of years the shareholder has owned the shares. C. the total number of votes a shareholder has can be calculated as the number of shares owned times the number of directors to be elected. D. the total number of votes a shareholder has is equal to the number of shares times the number of board meetings the shareholder has attended. E. None of these.
- 65. XYZ is a stock corporation that wishes to elect 12 directors. Stockholder C, owns 10,000 shares out of 50,000 outstanding shares of XYZ corporation. Now, Stockholder C intends to know whether his shares of stocks are enough to secure the two slots of his desired directors to run said corporation. Is the shares of stocks owned by Stockholder C sufficient? A. Yes. Since Stockholder C own 10,000 shares out of the 50,000 outstanding shares of XYZ Corporation. Therefore, he can cast 5,000 shares each to his two desired directors to form part of XYZ's Board of Directors. B.No. Since Stockholder C owns 10,000 shares out of the 50,000 outstanding shares of XYZ Corporation, his share is insufficient to secure two slots of his desired directors. Hence, with the shares of stock he owns, he may only secure one slot in the Board of Directors to run XYZ Corporation.Howard holds 3,000 shares in Bean, a firm with a stock price of $30. Bean has announced a dividend of $1.50 per share that will go ex-dividend tomorrow. Howard doesn’t need cash and so he’d prefer not to have any dividend. Which of the following is closest to the action would you suggest for Howard immediately after the stock goes ex-dividend? Assume perfect markets. Select one: a. Buy 163.64 shares of Bean b. Sell 36,000 shares of Bean c. Buy 272.73 shares of Bean d. Buy 157.90 shares of Bean e. Buy 36,000 shares of BeanMarcus wishes to know how many shares are necessary to elect 3 directors out of 11 directors up for election in the Austin Power Company. There are 83,000 shares outstanding. (Do not round intermediate calculations.) Number of shares
- Dan has $500. He invests that $500 into the stock market and in Week 1, he collects 10% of what he initially invested, closing the week at $550. Dan takes that $550 and invests it into the stock market on Week 2, collecting another 10%, giving him $605 at the end of Week 2. Dan takes the $605 entering Week 3, collects another 10% and closes Week 3 with a total of $665.50. If this pattern continues, how much would Dan have at the end of the year (52 weeks)?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 upvoteAnzio, Inc., has two classes of shares. Class B has 15 times the voting rights as Class A. If you own 18% of the Class A shares and 27% of the Class B shares, what percentage of the total voting rights do you hold? Question content area bottom Part 1 The percentage of the total voting rights that you hold is enter your response here%. (Round to one decimal place.)
- Mr. Z is allotted 1,400 shares, at Rs.1,200 a share, in an IPO which has safety-net arrangement. If after 3 months of the IPO the share price is Rs. 1300, what may be the maximum protection Mr. Z will get ?dont use chatgpt and no plagirism.Joyce has never invested in shares before. She has come to you, as a prospective finance graduate, for some advice. In your conversations with Joyce, you have determined her Required Rate of Return (RRR) to be 8.75%. d) Joyce decided to buy 200 000 shares in GGG Ltd., giving her 2% ownership in the company (GGG Ltd. currently has 10 000 000 issued shares). One year later, GGG Ltd. announces a private placement of a further 10,000,000 shares, in order to raise funds for their new venture: Project COVID. (i) Describe two features of a private placement of shares. (ii) What is the major disadvantage to Joyce of the above private placement? Include in your answer the effect on her ownership. (iii) Identify one other source of equity funding Joyce, as a shareholder, would prefer. Justify your choice.