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The bylaws of XYZ Corporation have adopted Cumulative Voting procedure to elect board of directors. XYZ has currently 2 6 4 , 0 0 0

The bylaws of XYZ Corporation have adopted "Cumulative Voting" procedure to elect board of directors. XYZ has currently 264,000 shares outstanding with each share having one vote. The shares are currently selling for $33 per share. There are 3 positions up for election for board of directors position. What is the total investment needed for guaranteeing getting elected to the board of directors? $4,356,033 $4,443,120$1,732,199$2,178,033$2,904,033
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