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Yehti Manufacturing (A). Dual classes of common stock are common in a number of countries. Assume that Yehti Manufacturing has the following capital structure at
Yehti Manufacturing (A). Dual classes of common stock are common in a number of countries. Assume that Yehti Manufacturing has the following capital structure at book value: . The A-shares have ten votes per share and the B-shares have one vote per share. a. What proportion of the total long-term capital has been raised by A-shares? b. What proportion of voting rights is represented by A-shares? c. What proportion of the dividends should the A-shares receive? a. What proportion of the total long-term capital has been raised by A-shares? The proportion of the total long-term capital that has been raised by A-shares is o. (Round to two decimal places.) b. What proportion of voting rights is represented by A-shares? The proportion of voting rights represented by A-shares is \%. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)
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