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You want a seat on the board of directors of Four Keys, Inc. The company has 275,000 shares of stock outstanding and the stock sells

You want a seat on the board of directors of Four Keys, Inc. The company has 275,000 shares of stock outstanding and the stock sells for $58 per share. There are currently 5 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board?

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  • 45,834 shares

  • 55,000 shares

  • 137,501 shares

  • 91,668 shares

  • 123,751 shares

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