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Highway 6 5 , Incorporated, is going to elect Seven board members next month. Marisol owns 1 7 . 8 percent of the total shares
Highway Incorporated, is going to elect Seven board members next month. Marisol owns percent of the total shares outstanding.
a
What percentage of stock is needed to have one of her friends elected under the cumulative voting rule? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What percentage of stock is needed to have one of her friends elected under the staggered cumulative voting rule, under which shareholders vote on One board members at a time? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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