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The shareholders of Pickwick Paper Company need to elect five directors. There are 120,000 shares outstanding. What is the minimum number of shares you need

The shareholders of Pickwick Paper Company need to elect five directors. There are 120,000 shares outstanding.

What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has cumulative voting? (Round answer to nearest whole number).

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