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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 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 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
- 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 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 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. 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
- A close friend of your father has a medium-sized firm with about 400 employees. You overheard him mention to your father that he was considering "taking the firm public" in order to access more money for expansion. He suggested your father invest in the company at that time. Since you are a finance major your father asked you later what you thought about the opportunity and exactly what was involved in "taking the firm public." What financial statements would he need to provide to potential investors? Would it be better for him to issue a bond? explains the process involved in "taking a firm public" and issuing common stock that will then be traded on an organized exchange?Questions are from subject Corporate Finance & Answers should be based on it. Lucas Mendes graduated from college six years ago with a finance bachelors (undergraduate) degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve this goal. After examining schools, he has narrowed his choice to either Wilton University or Mount Perry College. Although internships are encouraged by both schools, to get class credit for the internship, no salary can be paid. Other than internships, neither school will allow its students to work while enrolled in its MBA program. Lucas currently works at the money management firm of Dewey and Louis. His annual salary at the firm is $53,000 per year, and his salary is expected to increase at 3 percent per year until retirement. He is currently 28 years old and expects to work for 38 more years. His current job includes a fully paid health insurance plan, and…You 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.