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MC algo 7-4 Cumulative Voting You want a seat on the board of directors of Zeph, Inc. The company has 300,000 shares of stock outstanding

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MC algo 7-4 Cumulative Voting You want a seat on the board of directors of Zeph, Inc. The company has 300,000 shares of stock outstanding and the stock sells for $55 per share. There are currently 3 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board? Multiple Choice $12,600,084 $9,450,084 $5,670,076 $8,400,000 $4,125,055

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