Multiple Choice
Poplar Trees Inc.has 48,300 shares of stock outstanding,and each share receives one vote for each open seat on the board of directors.There are five open seats at this time.How many shares must you control if the firm uses straight voting to guarantee your personal election to the board?
A) 24,151 shares
B) 9,661 shares
C) 12,076 shares
D) 24,150 shares
E) 8,051 shares
Correct Answer:
Verified
Correct Answer:
Verified
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