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You want a seat on the board of directors of Red Cow, Inc. The company has 230,000 shares of stock outstanding and the stock sells
You want a seat on the board of directors of Red Cow, Inc. The company has 230,000 shares of stock outstanding and the stock sells for $69 per share. There are currently 5 seats up for election. The company uses straight voting. How much will it cost you to guarantee that you will be elected to the board?
a) $7,935,069
b) $7,141,562
c) $5,290,069
d) $3,174,000
e) $2,645,069
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