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You want a seat on the board of directors of Red Cow, Inc. The company has 205,000 shares of stock outstanding and the stock sells

You want a seat on the board of directors of Red Cow, Inc. The company has 205,000 shares of stock outstanding and the stock sells for $87 per share. There are currently 3 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?image text in transcribed

You want a seat on the board of directors of Red Cow, Inc. The company has 205,000 shares of stock outstanding and the stock sells for $87 per share. There are currently 3 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? Multiple Choice $5,945,000 O $8,025,828 $4,458,837 O $6,688,212 O

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