Cumulative voting procedures, Finance Basics

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Cumulative voting procedures

The shareholders of Vycom, Inc. need to elect five new directors to the board. There are 750,000 shares of common stock outstanding. How many shares do you need to own to guarantee yourself a seat on the board if the company uses cumulative voting procedures?

A.125,000

B.375,001

C.125,001

D.750,000

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Finance Basics: Cumulative voting procedures

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Finance Basics: Cumulative voting procedures

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Finance Basics: Cumulative voting procedures

Reference No:- TGS041920

Recent Questions Asked Finance Basics

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