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An election is being held to fill four seats on the board of directors of a firm in which you hold stock. The company has

An election is being held to fill four seats on the board of directors of a firm in which you hold stock. The company has 7,700 shares outstanding. If the election is conducted under cumulative voting and you own 380 shares, how many more shares must you buy to be assured of earning a seat on the board? (Do not round intermediate calculations.)

______New shares to purchase

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