Question: 27. A company uses the cumulative voting method to elect its board members. The total number of shares outstanding is 2,567,538. There are 5 open

27.

A company uses the cumulative voting method to elect its board members. The total number of shares outstanding is 2,567,538. There are 5 open seats on the board to be filled. Calculate the minimum number of shares an investor should own to be able to guarantee one seat on the board.

Group of answer choices

427,924

481,726

572,351

527,911

427,913

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