Acme, Inc. has 5,000 outstanding shares of voting stock. Its Bylaws set the quorum at 50% of outstanding shares. If the Board of Acme, Inc. is considering merging with Lekme, Inc., a quorum of shareholders owning ________ shares must be present to vote.

Select one:

a. 1,250

b. 5000

c. 10,000

d. 2500