here are questions and please show how you got the answers.
6. Andrew Thompson owns 65,000 shares of Beta Enterprises. His shares have a total market value of $1,820,000. In total, Beta Enterprises has 250,000 shares outstanding. Each share is entitled to one vote under the straight voting policy of the firm. The next election is in three months at which time three directors are up for election. How much more must Andrew invest in this firm to guarantee that he is elected to the board?
A. $0
B. $513,361
C. $625,000
D. $1,680,028
E. $1,750,000
8. Given the following partial stock quote, what was yesterday's closing price for M&N Company?
A. $42.75
B. $43.48
C. $45.25
D. $46.52
E. $47.24
2 answers
You'd have a better chance of getting help on this website if you indicate what YOU THINK the answer for each question is and why.
Given the following partial stock quote, what was yesterday's closing price for M&N Company?
A. $42.75
B. $43.48
C. $45.25
D. $46.52
E. $47.24
Answer D 46.52
A. $42.75
B. $43.48
C. $45.25
D. $46.52
E. $47.24
Answer D 46.52
4 answers