Business, 02.11.2021 04:30 Leeyah6606
Suppose a firm has 16.9 million shares of common stock outstanding and eight candidates are up for election to four seats on the board of directors.
a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board?
b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board?
(For all requirements, enter your answer in whole numbers, not millions.)
Answers: 3
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Suppose a firm has 16.9 million shares of common stock outstanding and eight candidates are up for e...
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