You want a seat on the board of directors of Red Cow, Inc. The company has 260,000

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Question:

You want a seat on the board of directors of Red Cow, Inc. The company has 260,000 shares of stock outstanding and the stock sells for $51 per share. There are currently 5 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?

A. $4,420,051

B. $2,210,051

C. $2,652,000

D. $6,630,051

E. $5,967,046