Book contents
- Frontmatter
- Contents
- Introduction
- 1 An Introduction to Equity Markets
- 2 Risk Versus Return
- 3 The Time Value of Money, the Dividend Discount Model and Dividend Policy
- 4 The valuation of bonds
- 5 Investment Appraisal
- 6 The Weighted Average Cost of Capital
- 7 Foreign Exchange Risk
- 8 An Introduction to Futures Trading and Hedging Using Futures
- 9 Introduction to Options
- Solution to Activities
- Bibliography
Solution to Activities
- Frontmatter
- Contents
- Introduction
- 1 An Introduction to Equity Markets
- 2 Risk Versus Return
- 3 The Time Value of Money, the Dividend Discount Model and Dividend Policy
- 4 The valuation of bonds
- 5 Investment Appraisal
- 6 The Weighted Average Cost of Capital
- 7 Foreign Exchange Risk
- 8 An Introduction to Futures Trading and Hedging Using Futures
- 9 Introduction to Options
- Solution to Activities
- Bibliography
Summary
Activity 1.1
From Certificate of Incorporation of Alphabet1
This Corporation is authorized to issue nine billion (9,000,000,000) shares of Class A Common Stock, par value $0.001 per share (the “Class A Common Stock”), three billion (3,000,000,000) shares of Class B Common Stock, par value $0.001 per share (the “Class B Common Stock”, and together with the Class A Common Stock, the “Common Stock”), three billion (3,000,000,000) shares of Class C Capital Stock, par value $0.001 per share (the “Class C Capital Stock”), and one hundred million (100,000,000) shares of Preferred Stock, par value $0.001 per share. The number of authorized shares of any class or classes of stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of at least a majority of the voting power of the issued and outstanding shares of Common Stock of the Corporation, voting together as a single class.
Except as otherwise provided herein or by applicable law, the holders of shares of Class A Common Stock and Class B Common Stock shall at all times vote together as one class on all matters (including the election of directors) submitted to a vote or for the consent of the stockholders of the Corporation. (ii) Each holder of shares of Class A Common Stock shall be entitled to one (1) vote for each share of Class A Common Stock held as of the applicable date on any matter that is submitted to a vote or for the consent of the stockholders of the Corporation. (iii) Each holder of shares of Class B Common Stock shall be entitled to ten (10) votes for each share of Class B Common Stock held as of the applicable date on any matter that is submitted to a vote or for the consent of the stockholders of the Corporation.
- Type
- Chapter
- Information
- Essentials of Financial Management , pp. 167 - 176Publisher: Liverpool University PressPrint publication year: 2018