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Blue Horseshoe (BH) is currently trading at $14,44 a share with a total of 659,101 shares of stock outstanding. You own 13.592 - of those

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Blue Horseshoe (BH) is currently trading at $14,44 a share with a total of 659,101 shares of stock outstanding. You own 13.592 - of those shares. Next month, thit election will be held to select nine new members to the board of directors. Assume that the firm uses a cumulative votins svstem. How inuch additional monev do you need to spend to guarantee that you will be elected to the bourd of BH awsuming that everyone else votes for one of the other candidates Round your unswer to the nearest dollar

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