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Black_prince [1.1K]
3 years ago
13

The shareholders of the Stackhouse Company need to elect seven new directors. There are 850,000 shares outstanding currently tra

ding at $45 per share. You would like to serve on the board of directors; unfortunately no one else will be voting for you. How much will it cost you to be certain that you can be elected if the company uses straight voting
Business
1 answer:
Talja [164]3 years ago
6 0

Answer:

The correct answer is "$19,125,045".

Explanation:

According to the question,

Number of shares,

= 850,000

Per share,

= $45

The shares needed will be:

= (\frac{850,000}{2})+1

= 425000+1

= 425,001

hence,

The total cost will be:

= 425,001\times 45

= 19,125,045 ($)

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Assume there is a fixed exchange rate between the Euro and U.S. dollar. The expected return and standard deviation of return on
drek231 [11]

Answer:

13.50%

Explanation:

From the given information ; we use EXCEL to compute the Dataset given and use it to determine the expected return on what the stock portfolio would be.

Check the attached file below for the solution in Excel Sheet.

8 0
3 years ago
The admissions director at big city university proposed using the iq scores of current students as a marketing tool. the univers
Vika [28.1K]

The complete question is as follows:

The admission directory of Big City University has a novel idea. He proposed using the IQ scores of current students as a marketing tool. The university agrees to provide him with enough money to administer IQ tests to 50 students. So the director gives the IQ test to an SRS of 50 of the university’s 5000 freshman. The mean IQ score for the sample is xbar=112. The IQ test he administered is known to have a σ of 15. What is the 95% Confidence Interval about the mean? What can the director say about the mean score of the population of all 5000 freshman?

Answer: The 95% confidence interval about the mean is Confidence interval = 107.84 \leq \mu \leq 116.16.

The director can say that he is 95% confident that the mean IQ score of the 5000 freshmen lies between 107.84 and 116.16.

We follow these steps to arrive at the answer:

Since the population standard deviation of the IQ test is known, we can use the Z scores to find the confidence interval.

The formula for the confidence interval about the mean is:

Confidence interval = \overline{X}\pm Z*\frac{\sigma}{\sqrt{n}}

In the equation above, X bar is known as the point estimate and the second term is known as Margin of Error.

The Critical Value of Z at the 95% confidence level is 1.96.

Substituting the values in the question in the equation above we have,

Confidence interval = \112\pm 1.96*\frac{15}{\sqrt{50}}

Confidence interval = \112\pm 4.157787873}

Confidence interval = 107.8422121 \leq \mu \leq 116.1577879

5 0
3 years ago
When the insured knows more about their circumstances than the insurer, there is
elena-s [515]

When the insured party knows more about his or her circumstances than the insurer, then there is: B. All of these.

<h3>What is an insurance company?</h3>

An insurance company is a business firm that is establish to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.

In Economics, when the insured party knows more about his or her circumstances than the insurer, then there is:

  • Adverse selection
  • Propitious selection
  • Moral hazard
  • Asymmetric information

Read more on insurance here: brainly.com/question/16789837

#SPJ1

4 0
1 year ago
ABC Corporation has declared a rights offering to stockholders of record on Thursday, October 22nd, payable on Friday, November
AysviL [449]

Answer:

November 6th is the last date to exercise the rights.

Explanation:

The shareholders have right to sell the rights to other shareholder, for which the shareholders need to exercise the rights before the right issue. If the shareholders doesn't makes any exercise of right issue before date then he is not entitled to rights anymore. The last date is the date on which the payment is made.

7 0
3 years ago
Define ethics, and describe the role that it plays in discretionary decision making. Give an example.
Lerok [7]

Explanation:

Ethics can be defined as the study of the behaviors that guide human behavior, that is, society is developed through a set of moral behaviors that define its values ​​and its conception of which human behaviors and attitudes are positive or negative. Ethics then emerges as the standardization of these behaviors and moral values, it is a code of conduct for positive actions by man in society in all areas of life.

In discretionary decisions, in which there is a possibility of interpretation by the legislators, ethics appears as a normative instrument for the conduct of decisions, being a guide for the legislator to decide for what will have greater ethical value and benefits for society.

6 0
3 years ago
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