You want a seat on the board of directors of Four Keys, Incorporated The company has $200,000$ shares of stock outstanding and the stock sells for $$81$ per share. There are currently $4$ 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?

You want a seat on the board of directors of Four Keys, Incorporated The company has $200,000$ shares of stock outstanding and the stock sells for $$81$ per share. There are currently $4$ 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?

$40,001$ shares

$70,001$ shares

$50,000$ shares

$100,001$ shares

$36,001$ shares