What percentage of the total votes does she control

Assignment Help Financial Management
Reference no: EM131087702

Betsy Ross owns 927 shares in the Hanson Fabrics Company. There are 15 directors to be elected. 33,500 shares are outstanding. The firm has adopted cumulative voting. a. How many total votes can be cast? b. How many votes does Betsy control? c. What percentage of the total votes does she control?

Reference no: EM131087702

Questions Cloud

Find the exercise price of the index put option : You want to hedge against your portfolio value declining more than 10% in 1 year. Currently, the S&P500 is standing at 2,000 and your portfolio has a beta of 1.6. You need to purchase 1-yr S&P500 put options. Find the exercise price of the index put ..
What is the minimum weight of the middle : The weight of items produced by a machine is normally distributed with a mean of 8 ounces and a standard deviation of 2 ounces. Refer to Exhibit 6-5. What is the minimum weight of the middle 95% of the items?
Portfolios-market portfolio and the risk-free asset : Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio RP σP βP X 14.00 % 20.00 % 1.80 Y 13.00 15.00 1.30 Z 9.20 5.00 .85 Market 11.10 10.00 1.00 Risk-free 6.60 .00 .00 Assume that the..
What are the reward-to-risk ratios : Stock Y has a beta of .80 and an expected return of 16.05 percent. Stock Z has a beta of .90 and an expected return of 8 percent. If the risk-free rate is 3.0 percent and the market risk premium is 10.8 percent, what are the reward-to-risk ratios of ..
What percentage of the total votes does she control : Betsy Ross owns 927 shares in the Hanson Fabrics Company. There are 15 directors to be elected. 33,500 shares are outstanding. The firm has adopted cumulative voting. How many total votes can be cast? What percentage of the total votes does she contr..
What is expected return on the market-risk-free rate : Suppose you observe the following situation: Security Beta. peat co=1.200 Expected Return =12 ., Re-Peat Co. Beta = .75 and Expected return=10.5 .Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the mark..
Portion of the issue by buying securities in open market : Nanotech, Inc., has a bond issue maturing in seven years that is paying a coupon rate of 9.5 percent (semiannual payments). Management wants to retire a portion of the issue by buying the securities in the open market. If it can refinance at 8.0 perc..
What is the expected return on stock : The stock of Uptown Men's Wear is expected to produce the following returns given the various states of the economy. What is the expected return on this stock?
What is the required return on this common stock : A company you are researching has common stock with a beta of 1.35. Currently, Treasury bills yield 2.5%, and the market portfolio offers an expected return of 11.5%. What is the required return on this common stock?

Reviews

Write a Review

Financial Management Questions & Answers

  Which of the expresses the rate of return

$50,000 is invested in such a way as to repay the investor an interest payment of $1,000 at the end of each quarter for 10 years. At the end of the 10 years, the $50,000 is returned in a lump sum. As soon as his interest payment is received, it is de..

  What is the net present value of the refinance decision

She currently owes $131,600 on an original $136,193 15-year FRM loan that she originated 2years ago at 4.375%. Unlike earlier assignments, you are responsible to use your ownknowledge of Excel to build spreadsheets to answer each of the questions lis..

  Additions to retained earnings-dividends per share

For the most recent year, Seether, Inc., had sales of $437,000, cost of goods sold of $219,400, depreciation expense of $59,100, and additions to retained earnings of $51,300. The firm currently has 22,000 shares of common stock outstanding, and the ..

  According to the constant perpetual growth model

Trust Bankers just paid an annual dividend of $1.9 per share. The expected dividend growth rate is 6.1 percent, the discount rate is 12 percent, and the dividends will last for 18 more years. What is the value of the stock? A share of stock just paid..

  Explain why beta corporation is not necessarily more risky

Suppose that the stock of Alpha Corporation has an expected return of 10 percent and a standard deviation of returns of 12 percent. The stock of Beta Corporation has an expected return of 10 percent and a standard deviation of 20%. Explain why Beta C..

  Unexpected increase in firms accounts receivable period

Which one of the following would tend to create an unexpected increase in a firm's accounts receivable period?

  Value of put option at expiration as function of stock price

Consider a European call option that enables you to buy a share of stock at $K at time T, a European put option on the same stock with the same strike and expiration, a zero coupon bond which pays $K at time T. Graph the value of the put option at ex..

  What is the total debt to asset ratio

A firm has total assets of 2,000,000. it has 900,000 in long term debt. the stockholders equity is 900,000. What is the total debt to asset ratio?

  Short sale margin calculations

You sell short 300 shares of Microsoft which are currently selling at $30 per share. You post the 50% margin required on the short sale. The broker requires a 30% maintenance margin.

  Goal of managerial accounting

Which of the following is not a goal of Managerial Accounting? A. provide information managers need for planning b. provide information managers need for market wide interest c. provide information managers need for control d. provide information man..

  What is the expected return and the variance of portfolio

Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .17 .358 .458 .338 Good .43 .128 .108 .178 Poor .33 .018 .028 ?.062 Bust .07 ?.118 ?.258 ?.098  What is t..

  Plaintiff in a high profile legal suit was offered

A plaintiff in a high profile legal suit was offered the following out of court settlement: We the defendant will pay the lump sum of $150 to the plaintiff in exactly 10 years. Using an interest rate of 7.75 percent, determine the amount, to the near..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd