A company raises funds by selling 5 million shares of common stock to 5,000 shareholders and $1 million bonds to 1,000 bondholders. The number of individuals who vote for the company's board of directors is

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Only the shareholders of common stock are eligible to vote for the company's board of directors. Since the company sold 5 million shares of common stock to 5,000 shareholders, the number of individuals who vote for the board of directors is 5,000. The bondholders do not have voting rights for the board of directors as they are not shareholders.

A Company Raises Funds by Selling 5 Million Shares of Common