An Election with Four Candidates (A, B, C, and D)

question 28

Multiple Choice

An election with four candidates (A, B, C, and D) and 150 voters will use the Plurality Method to choose a winner. After 120 ballots have been recorded A has 26 1^st choice votes, B has 18 1^st choice votes, C has 42 1^st choice votes, and D has 34 1^st choice votes. What is the smallest number of the remaining 30 1^st choice votes that A must receive in order to guarantee a win?

• A) 17
• B) 24
• C) 27
• D) 30
• E) None of the above.

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares, typically at the discretion of the bondholder.

Bond Ratings

A classification system that denotes the credit quality and perceived risk of bonds issued by corporations, municipalities, or sovereign entities.

Financial Projections

Forecasts of future revenue, expenses, and other financial details of a company.

Convertible Debt

A type of bond or loan that can be converted into a predetermined amount of the company's equity at certain times during its lifespan, usually at the discretion of the bondholder.