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How many shares do you need to guarantee

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Problem: You want a seat on the board of directors of Four Keys, Inc. The company has 195,000 shares of stock outstanding and the stock sells for $72 per share. There are currently 4 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board? Explain the complete solution of this problem.

Reference no: EM132431248

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