Question 113.75 / 3.75 pointsGiven that there are 4,000,000 shares outstanding in Miller Corp., how many shares will be required for a minority group of stockholders to elect two of the nine members on the board of directors? (Assume cumulative voting is required.)
Question 123.75 / 3.75 pointsA bond with a call provision would generally be sold to yield
Question 133.75 / 3.75 pointsThe interest factor (IF) for the future value of an ordinary annuity is 4.641 at 10% for four years. If we wish toaccumulate $8,000 by the end of four years, how much should the annual payments be?Question options:$2,500$2,000$1,724None of these options
Question 143.75 / 3.75 pointsA 10-year bond, with a par value equaling $1,000, pays 7% annually. If similar bonds are currently yielding 6% annually, what is the market value of the bond? Use semi-annual analysis.