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.
If the company has 530,000 shares outstanding and the stock
currently sells for $35, how much will it cost you to buy a seat if
the company uses straight voting? (Do not round
intermediate calculations and round your answer to the nearest
whole number, e.g., 32.)...