You want a seat on the board of directors of Four Keys, Inc. The company has 280,000 shares of stock outstanding and the stock sells for $67 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board?

Multiple Choice

42,001 shares

93,334 shares

140,001 shares

56,000 shares

46,668 shares