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Suppose a firm has 45.8 million shares of common stock outstanding and 14 candidates are up for election to 7 seats on the board of
Suppose a firm has 45.8 million shares of common stock outstanding and 14 candidates are up for election to 7 seats on the board of directors.If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election of 2 member to the board?(Do not round intermediate calculations. Round your answer to a whole number.)
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