Why are stock markets the most watched and reported of the financial security ma

Question

Why are stock markets the most watched and reported of the financial security markets?

3) Suppose a firm has 15 million shares of common stock outstanding and six candidates are up for election for five seats on the board od directors

a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure elections to the board?

b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board?

Explanation / Answer

Stock market is the most watched and reported of financial security market because the economy of whole country is govern by stock market only as the country's currency relative to outsdie nation's currency and also the rate of gold,silver is determined by that only.!!

Basically stock market is nation's largest market so it is most watched and reported.!!

3)in cumulative voting the minimum number of votes needed is one-sixth of 75 million votes available(15 million shares)

2.In straight voting minimum number of votes required are one half 15 million votes available.

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