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Suppose a firm has 16 million shares of common stock outstanding and five candidates are up for efection to four seats on the board of

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Suppose a firm has 16 million shares of common stock outstanding and five candidates are up for efection to four seats on the board of director5. a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election of one member to the board? b. If the firm uses straight yoting to elect its board, what is the minimum number of votes needed to ensure election of one member to the board? (For all requirements, enter your answers in whole numbers, not millions.)

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