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Away Corp. has interest-bearing debt with a market value of $74.3 million. The company also has 1.6 millioh shares that sell for $37 per share.
Away Corp. has interest-bearing debt with a market value of $74.3 million. The company also has 1.6 millioh shares that sell for $37 per share. What is the debt-equity ratio for this company based on market values? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) Debt-equity ratio times The shareholders of the Mango Company need to elect nine new directors. There are 980,000 shares outstanding currently trading at $58 per share. You would like to serve on the board of directors, unfortunately no one else will be voting for you. a. How much will it cost you to be certain that you can be elected if the company uses straight voting? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.) b. How much will it cost you if the company uses cumulative voting? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.) Straight voting cost b. Cumulative voting cost
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