There are five seats on the board of directors of Serbone Equity that are up for...
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There are five seats on the board of directors of Serbone Equity that are up for election. The firm has 320,400 shares of stock outstanding and uses straight voting. Each share is granted one vote for each open seat. How many shares must you control if you want to guarantee your election to the board and no one else votes for you? Multiple Choice 53,334 64,000 160,200 D 160,201 64,001 There are five seats on the board of directors of Serbone Equity that are up for election. The firm has 320,400 shares of stock outstanding and uses straight voting. Each share is granted one vote for each open seat. How many shares must you control if you want to guarantee your election to the board and no one else votes for you? Multiple Choice 53,334 64,000 160,200 D 160,201 64,001
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