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

  Companys expected loss per year on this building

Suppose your company has a building worth $340 million. Because it is located in a high-risk area for natural disasters, the probability of a total loss in any particular year is 1.4 percent. What is your company’s expected loss per year on this buil..

  Amounts that make the banks balance sheet balance

Rearrange the following accounts to construct a bank balance sheet for First National Bank. What are the total amounts that make the bank’s balance sheet balance?

  Monthly payment-principal and interest

You wish to qualify for a $200,000 mortgage. Your monthly payment (principal and interest) must not exceed 25% of your monthly income. Your monthly payment plus taxes and insurance must not exceed 28% of your monthly income. Which of the following be..

  What is the current yield on this bond

A coupon bond that pays interest of $54 annually has a par value of $1,000, matures in 5 years, and is selling today at $73.75 discount from par value. What is the current yield on this bond? Show step-by-step work

  What is the portfolios expected return

A portfolio is invested 15 percent in Stock G, 55 percent in Stock J, and 30 percent in Stock K. The expected returns on these stocks are 8 percent, 14 percent, and 18 percent, respectively. What is the portfolio’s expected return? How do you interpr..

  Cash flows except the initial cost are end of year cash flow

You are asked to determine the optimal economic life of the following project. It has an engineering or physical life of 4 years. The cost of capital is 8% and all cash flows except the initial cost are end of year cash flows.

  Find the dividend yeild and the capital gains yeild

Assume a constant growth stock. A firm just paid a $1.5 dividend per share (D0=$1.5). Dividends are epected to grow at a 4% rate per year, forever. Investors require a 10% return per year ("r" = 10%). Calculate the components of "r" for year of the f..

  Calculate the correlation coefficient between two securities

The Covariance between Stock A and Stock B is 0.02. The Standard deviation of Stock A is 12 % and that of Stock B is 25 %. Calculate the correlation coefficient between the two securities.

  What are the net proceeds of the loan

You plan to borrow $8,000 in order to take a vacation and want to repay the loan in a year. The banker offers you a simple interest rate of 12% with repayments in equal installments three months, six months, nine months, and twelve months from now. W..

  What is standard deviation rounded to nearest whole number

You are given the following probability distribution of returns for stock J: A probability of .2 that the return will be 12%; a probability of .35 that the return will be 18%; a probability of .3 that the return will be -10%; and a probability of .15..

  Considering including two pieces of equipment

Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $18,300, and that for the pulley system is $20,..

  Difference of wacc based on market value

What is the difference of WACC based on market value weights and book weights - Please show formulas.A balance sheet shows a total of noncallable $45 million.

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