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The shareholders of Solar Power Corp. need to elect four new directors to the board. There are 14.3 million shares of common stock outstanding and

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The shareholders of Solar Power Corp. need to elect four new directors to the board. There are 14.3 million shares of common stock outstanding and the current share price is $15.25. If the company uses cumulative voting procedures, how much will it cost to guarantee yourself one seat on the board of directors? (Enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.) Total cost

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