Question: 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

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

481,726

527,911

572,351

427,924

427,913

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