14.4 The shareholders of the Unicorn Company need to elect seven new directors. There are 2 million...

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14.4 The shareholders of the Unicorn Company need to elect seven new directors. There are 2 million shares outstanding. How many shares do you need to be certain that you can elect at least one director if

a. Unicorn has straight voting?

b. Unicorn has cumulative voting?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 26, 2024 02:01 AM

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14.4 The shareholders of the Unicorn Company need to elect seven new directors. There are 2 million...

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Corporate Finance

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