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You want a seat on the board of directors of Red Cow, Inc. The company has 285,000 shares of stock outstanding and the stock sells

You want a seat on the board of directors of Red Cow, Inc. The company has 285,000 shares of stock outstanding and the stock sells for $70 per share. There are currently 4 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?

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  • $8,977,563
  • $9,975,070
  • $6,982,570
  • $4,987,500
  • $3,990,070

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