Question
You want a seat on the board of directors of Red Cow, Inc. The company has 240,000 shares of stock outstanding and the stock sells
You want a seat on the board of directors of Red Cow, Inc. The company has 240,000 shares of stock outstanding and the stock sells for $63 per share. There are currently 4 seats up for election. The company uses straight voting. How much will it cost you to guarantee that you will be elected to the board?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
