Question
You want a seat on the board of directors of Four Keys, Inc. The company has 265,000 shares of stock outstanding and the stock sells
You want a seat on the board of directors of Four Keys, Inc. The company has 265,000 shares of stock outstanding and the stock sells for $64 per share. There are currently 3 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board?
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
