Problem $15-1$ Corporate Voting

The shareholders of the Pineapple Company need to elect nine new directors. There are $840,000$ shares outstanding currently trading at $$44$ per share. You would like to serve on the board of directors; unfortunately, no one else will be voting for you.

a$.$ How much will it cost you to be certain that you can be elected if the company uses straight voting? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.)$

b$.$ How much will it cost you if the company uses cumulative voting? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.)$

a$.$ Straight voting cost

b$.$ Cumulative voting cost