You want a seat on the board of directors of Red Cow, Inc. The company...
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Accounting
You want a seat on the board of directors of Red Cow, Inc. The company has 320,000 shares of stock outstanding and the stock sells for $49 per share. There are currently 5 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?
Multiple Choice
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$3,136,000
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$7,056,044
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$5,226,716
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$2,613,382
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$7,840,049
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