Assume That 12,000 Shares Are Represented at a Shareholder Meeting

question 75

Multiple Choice

Assume that 12,000 shares are represented at a shareholder meeting. How many votes are normally necessary to carry a motion?

• A) 4,001
• B) 8,001
• C) 6,001
• D) 10,000

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Definitions:

Nominal Interest Rate

The stated interest rate of a bond or loan, not adjusted for inflation, representing the actual annual cost of borrowing.

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