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Freight Haulers, Inc. has 140,000 shares of stock outstanding and 5 open positions of its board of directors. Each share of stock is entitled to

Freight Haulers, Inc. has 140,000 shares of stock outstanding and 5 open positions of its board of directors. Each share of stock is entitled to one vote and the firm uses cumulative voting. How many shares of stock do you need to own to guarantee your election to the board assuming no one else votes for you?

28,001 shares

35,001 shares

18,001 shares

23,334 shares

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