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You want a seat on the board of directors of Zeph, Inc. The company has 255,000 shares of stock outstanding and the stock sells for

You want a seat on the board of directors of Zeph, Inc. The company has 255,000 shares of stock outstanding and the stock sells for $48 per share. There are currently 3 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board?

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