Question
15 --HHHcorp issues 5 new shares for 4 old shares. The old share price is $75. What is the price per share for the new
15 --HHHcorp issues 5 new shares for 4 old shares. The old share price is $75. What is the price per share for the new shares?
16 --There are 500,000 shares outstanding and I own 10%. We are electing 5 members to the board. How many shares are required to elect 1 board member, under (a) majority voting rules and (b) cumulative rules?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
