After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Cornwall Enterprises. Unfortunately, you will be the only person-voting for you. If the company has 440,000 shares outstanding, and the stock currently sells for $53, how much will it cost you to buy a seat if the company uses straight voting? (Do not round intermediate calculations.) Total cost
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- After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only individual voting for you. a. If the company has 440,000 shares outstanding and the stock currently sells for $44, how much will it cost you to buy a seat if the company uses straight voting? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. Assume that the company uses cumulative voting and there are four seats in the current election; how much will it cost you to buy a seat now? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Total cost for straight voting b. Total cost for cumulative votingAfter successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Cornwall Enterprises. Unfortunately, you will be the only person voting for you. If the company has 720,000 shares outstanding, and the stock currently sells for $48, how much will it cost you to buy a seat if the company uses straight voting? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Total costAfter successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. If the company has 425,000 shares outstanding, and the stock currently sells for $50, how much will it cost you to buy a seat if the company uses straight voting?
- After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Cornwall Enterprises. Unfortunately, you will be the only person voting for you. The company has 720,000 shares outstanding, and the stock currently sells for $48. Assume the company uses cumulative voting and there are four seats in the current election. How much will it cost you to buy a seat? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Total costAfter successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only Individual voting for you. a. If the company has 475,000 shares outstanding and the stock currently sells for $41, how much will It cost you to buy a seat if the company uses straight voting? Note: Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. Assume that the company uses cumulative voting and there are four seats in the current election; how much will it cost you to buy a seat now? Note: Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Straight voting b. Cumulative votingAfter successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only individual voting for you. If Schenkel has 250,000 shares outstanding, the stock currently sells for $17, and there are five seats in the current election, how much will it cost you to buy a seat? (Note: Use cumulative voting) $850,017 O $1,062,517 O $2,590,037 O $2,125,017 O $708,350
- =42:09 After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Cornwall Enterprises. Unfortunately, you will be the only person voting for you. The company has 430,000 shares outstanding, and the stock currently sells for $51, If there are four seats in the current election, how much will it cost you to buy a seat? (Do not round intermediate calculations.) Total cost =Give typing answer with explanation and conclusion 1. To incentivize our employees, we are considering issuing them employee equity. The average employee would be issued stock options to purchase 800 shares at our current stock price of $210 per share. We are hopeful that the Smoothie business will catapult us to $230 per share in the future but recognize the risks. If an employee exercises the options at $210 per share, how much would the employee make before taxes?solve in excel if possible! Need both answers The owner of Gator Airlines wishes to take her stock public for the first time by selling 3 million shares. The underwriter determines that the true value will be $15 with probability .4 and $8 with probability .6. There are a group of uninformed investors who are willing to order 6 million shares as long they pay no more than the expected true value. They also assess the probability of the true value of the shares being $15 with probability .4 and $8 with probability .6. There is a group of informed investors who always know whether the true value is $15 or $8. They are willing to order 2 million shares if the offer price is less than the true value. . 1) Calculate the highest offer price at which the entire issue will always sell. 2) Is the new issue price below the expected true value of the shares? If so, could an uniformed investor make money on average by submitting an order to buy some shares of the new issue? Why or why not
- The company has offered you a $5,000 bonus, which you may receive today, or 100 shares of the company's stock, which has a current stock price of $50 per share. Mathematically, what is the best choice? In terms of Excel. Why?Stockholder Z what to be elected as a director in the corporation. However, he has only at least 10,000 shares, which is equivalent to 10,000 votes. He needs at least 20,000 votes to get the highest number of votes. As the financial adviser of Z, what will be your advice. ExplainYou founded your firm with a contribution of $700,000, receiving 1,000,000 shares of stock. Since then, you sold 5,000,000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $7,000,000 and would receive 5,000,000 newly issued shares. What is the post-money valuation? Express the terms of your answer completely and in strictly numerical terms. For example: If your answer is one million dollars, write: 1000000.