Suppose a firm ha s 6 2 million shares of common stock outstanding and eight candidates are
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Question:
Suppose a firm ha s million shares of common stock outstanding and eight candidates are up foe election to six seats on the board of directors.
a If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board?
b If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board?
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