A firm has four open positions on its board of directors.How many shares do you need to own to guarantee your own election to the board if the firm has 387,500 shares of stock outstanding and uses cumulative voting? Each share is granted one vote.

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The Answer of A firm has four open positions on its board of directors.How many shares do you need to own to guarantee your own election to the board if the firm has 387,500 shares of stock outstanding and uses cumulative voting? Each share is granted one vote.

A Firm Has Four Open Positions on Its Board of Directors.How