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A firm has 200,000 shares outstanding. If three directors will be elected, how many shares do you need to control to assure yourself a seat

A firm has 200,000 shares outstanding. If three directors will be elected, how many shares do you need to control to assure yourself a seat on the board under cumulative voting procedures?
A) 30,001
B) 40,001
C) 50,001
D) 66,668
E) 100,001

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