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The Beastey Corporation has been experiencing declining earnings but has just announced a 50 percent salary increase for its top executtives. A dissident group of

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The Beastey Corporation has been experiencing declining earnings but has just announced a 50 percent salary increase for its top executtives. A dissident group of stockhoiders wants to oust the existing bourd of directors. There are currently 17 directors and 34.000 shares of stock outstanding. Ms. Wright, the president of the company, has the full support of the existing board. The dissident stockholders control proxes for 16.801 shares. Ms. Wright is worried about losing her job. a-1. Under cumulative voting procedures, how many directors can the dissident stockholders elect with the proxies they now hold? Note: Do not round intermediate calculations. Round your answer down to the nearest whole number. a.2. How many directors could they elect under mejority rule with these proxies? One Two Three Four None b. How many shares (or proxies) are needed to elect nine directors under cumulative voting? Note: Do not round intermedlate calculations. Round your answer up to the nearest whole number

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